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China

Global factory

The global manufacturing landscape is undergoing a profound transformation.

Much hinges on China’s poll gamble in Taiwan

Xi Jinping in his annual New Year’s Day address stated, “China will surely be reunified, and all Chinese on both sides of the Taiwan Strait should be bound by a common sense of purpose.”

Debt Trap Lessons

Repaying Chinese loans is not easy because unlike other official lenders such as the World Bank that provide finance at concessional, below-market interest rates, and longer tenures, China tends to lend at market terms, at interest rates close to those prevailing in private capital markets. Additionally, the Chinese insist on collateral, meaning that debt repayments are secured by assets or future revenues.