China's double-edged debt trap | East Asia Forum
China should consider its policy choices to avoid being burdened by unpaid debt.
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China should consider its policy choices to avoid being burdened by unpaid debt.
Aside from a muted criticism of the Ukraine war, the statement is non-committal on climate goals, energy transition and addressing Global South concerns.
Exploring alternatives to infrastructure-led development in Africa based on the experience of some African states.
The transformative changes welcomed by world leaders should benefit all vulnerable developing countries in all regions
The IMF’s Poverty Reduction and Growth Trust (PRGT) faces large financing needs. Unprecedented levels of lending since the start of the pandemic – four to five times higher than before the pandemic – have seriously depleted the PRGT’s subsidy resources. If these are not replenished, the PRGT’s lending capacity from 2025 onwards could collapse to well below its pre-pandemic level.