Does Chinese policy banks' overseas lending favor Belt Road Initiative countries?
Abstract This paper examines how Chinese policy banks responded to China's Belt Road Initiative (BRI) using transaction‐level international syndicated loan data. Employing a difference‐in‐differences (DID) estimation, we show that Chinese policy banks increased aggregate lending (number of loan...
Main Authors: | Xin Chen, Heyang Fang, Yun Liu, Yifei Zhang |
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Format: | Article |
Language: | English |
Published: |
Wiley
2022-12-01
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Series: | International Studies of Economics |
Subjects: | |
Online Access: | https://doi.org/10.1002/ise3.8 |
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