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More Problems More Money? Does China Lend More to African Countries with Higher Credit Risk Levels?

Over the past decade, China has provided billions of dollars in concessional and non-concessional finance to countries around the world. In light of these trends, both researchers and pundits have focused on China’s motivations for allocating development finance, particularly in Africa, due to debt sustainability concerns. This paper aims to contribute to the understanding of the ways in which creditworthiness may impact the Chinese government’s decision to allocate development finance. In .

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