SINGAPORE: In a recent study of China’s lending to foreign governments, researchers from US and Germany have discovered some peculiar features that are distinctively Chinese.

The study, titled How China Lends: A Rare Look into 100 Debt Contracts with Foreign Governments, involved 100 contracts between Chinese state-owned entities and foreign borrowers in 24 countries from 2000 to 2020, with a total commitment of US$36.6 billion.

In other words, they have found that China’s loan contracts are full of “Chinese characteristics”.

SECRETIVE CONTRACTS

The study made some interesting observations. First, all of these Chinese contracts since 2014 have imposed strict confidentiality conditions on the borrower.

More in category

Visual: Tracking Grab’s journey to a $40 billion valuation
April 20, 2021Tech in Asia
Visual: Tracking Grab’s journey to a $40 billion valuation
China’s health regulator looks into allegation cancer doctor gave pricier, substandard treatment and let patient die prematurely
April 20, 2021SCMP
China’s health regulator looks into allegation cancer doctor gave pricier, substandard treatment and let patient die prematurely
Coronavirus: foreigners in Japan head elsewhere for shots; Modi urges India to avoid lockdowns despite infection surge
April 20, 2021SCMP
Coronavirus: foreigners in Japan head elsewhere for shots; Modi urges India to avoid lockdowns despite infection surge
Elderly Hong Kong woman loses US$32 million in phone scam
April 20, 2021Channel News Asia
Elderly Hong Kong woman loses US$32 million in phone scam
Philippines-based Uploan bags $15m debt facility for providing employee loans
April 20, 2021Tech in Asia
Philippines-based Uploan bags $15m debt facility for providing employee loans
Why limiting AstraZeneca, Johnson & Johnson coronavirus vaccines over blood clot fears could do more harm than good
April 20, 2021SCMP
Why limiting AstraZeneca, Johnson & Johnson coronavirus vaccines over blood clot fears could do more harm than good
China iron ore demand leaves miners Vale, Rio Tinto struggling to keep up
April 20, 2021SCMP
China iron ore demand leaves miners Vale, Rio Tinto struggling to keep up
Japan's foreign residents ponder travelling for COVID-19 vaccines amid slow inoculation push
April 20, 2021Channel News Asia
Japan's foreign residents ponder travelling for COVID-19 vaccines amid slow inoculation push
Commentary: China's tech firms were supposed to help achieve the Chinese Dream
April 20, 2021Channel News Asia
Commentary: China's tech firms were supposed to help achieve the Chinese Dream
Japan says Chinese military likely behind cyberattacks
April 20, 2021Channel News Asia
Japan says Chinese military likely behind cyberattacks
Singapore's DBS to buy 13% stake in Chinese bank SZRCB for US$814 million
April 20, 2021Channel News Asia
Singapore's DBS to buy 13% stake in Chinese bank SZRCB for US$814 million
Tesla protest at Shanghai Auto Show 2021 ends with woman dragged off by security after climbing onto car and shouting
April 20, 2021SCMP
Tesla protest at Shanghai Auto Show 2021 ends with woman dragged off by security after climbing onto car and shouting
Footage of Belgian ambassador’s wife slapping shopkeeper outrages South Koreans
April 20, 2021SCMP
Footage of Belgian ambassador’s wife slapping shopkeeper outrages South Koreans
Japan battles Covid-19 mutations, slow vaccination rate as it gears up for Tokyo Olympics
April 20, 2021SCMP
Japan battles Covid-19 mutations, slow vaccination rate as it gears up for Tokyo Olympics
Thai PM Prayuth Chan-ocha won’t attend Asean summit to discuss Myanmar crisis
April 20, 2021SCMP
Thai PM Prayuth Chan-ocha won’t attend Asean summit to discuss Myanmar crisis
China censors ex-premier Wen Jiabao's article ahead of Communist Party anniversary
April 20, 2021Channel News Asia
China censors ex-premier Wen Jiabao's article ahead of Communist Party anniversary
For India's poor, COVID-19 'pandemic policing' adds to lockdown hardships
April 20, 2021Channel News Asia
For India's poor, COVID-19 'pandemic policing' adds to lockdown hardships
Thailand says it has enough hospital space amid new COVID-19 wave
April 20, 2021Channel News Asia
Thailand says it has enough hospital space amid new COVID-19 wave
China's metal imports from Myanmar show trade contortions amid post-coup protest
April 20, 2021Channel News Asia
China's metal imports from Myanmar show trade contortions amid post-coup protest
More than 50 on India flight to Hong Kong test positive for COVID-19
April 20, 2021Channel News Asia
More than 50 on India flight to Hong Kong test positive for COVID-19
Thailand’s rich Covid-19 patients get ‘hospitel’ treatment, as the poor are turned away
April 20, 2021SCMP
Thailand’s rich Covid-19 patients get ‘hospitel’ treatment, as the poor are turned away