May 2025: Chinese banks and their EMDE borrowers
VoxEU Columnby Catherine Casanova, Eugenio Cerutti and Swapan-Kumar Pradhan “Although Chinese banks have remained the top lenders to emerging markets and developing economies (EMDEs), their growth has slowed and their lending patterns have changed since the pandemic. This column shows that while cross-border lending by Chinese banks to their EMDE borrowers was highly correlated with[…]