News China Loans: China writes off more interest-free loans to Africa, but is the move just symbolic?
China has announced another round of write-offs on interest-free loans to more than two dozen African countries, but observers say the relief addresses only a small fraction of the overall debt burden on those countries. At the Forum on China-Africa Cooperation (FOCAC) summit in the Chinese capital last week, Beijing said it would waive intergovernmental interest-free loans to 33 African countries due by the end of this year. Interest-free loan forgiveness is a regular feature of FOCAC. Two year
News China Loans: Kenya’s China loan revamp sparks wider interest in yuan switch, AidData says
By Duncan Miriri NAIROBI, June 23 (Reuters) - Kenya's move to convert Chinese loans from dollars into yuan to cut borrowing costs is drawing interest from at least five other African and Asian nations, an AidData study found, in a sign debt-laden borrowers are exploring alternatives to expensive dollar-linked financing. Ethiopia, Mozambique, Zambia, Pakistan and Indonesia were among
News China Loans: China’s Yuan Loans Climb USD815 Billion in First Two Months of 2026 Amid Strong Corporate Demand
(Yicai) March 16 -- China’s yuan-denominated loans rose by CNY5.61 trillion (USD814.7 billion) in the first two months of this year, buoyed by medium- and long-term corporate loans.
News China Loans: China’s Credit Stabilizes as PBOC Calls For More Home Loans
China’s credit expansion stabilized in December, after the central bank called for stable loan growth and an increase in lending to the struggling property industry.
News China Loans: China new bank loans hit record $3.13 trln in 2021, despite drop in Dec
New bank lending in China fell more than expected in December from the previous month, but lending for the full year of 2021 set a record, as the central bank maintained policy support to cushion the ...
News China Loans: Developer Sunac China plans $580 mln share sale to repay loans
Chinese property developer Sunac China Holdings Ltd said on Thursday it planned to raise HK$4.52 billion ($580.09 million) from a share sale for repayment of loans and general corporate purposes. HONG ...
