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Does China's overseas lending favors One Belt One Road countries?

Zhang, Yifei and Fang, Heyang (2019): Does China's overseas lending favors One Belt One Road countries?

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Abstract

The One Belt One Road initiative is found to promote China’s overseas lending in the belt road countries, especially for countries along the continental route. Such effect strengthens and persists for at least three years. Our findings show that launching a national strategy could be a decisive determinant of one country’s outbound loans.

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