Bailouts From Beijing: How China Functions as an Alternative to the IMF

Since China began lending large quantities of money to the Global South in the mid- 2000s, suspicions have swirled that these loans compete with the International Monetary Fund (IMF), offering comparable amounts of money in exchange for very different promises. Whereas the IMF conditions its loans on commitments to economic reform, China typically lends for … Continue reading Bailouts From Beijing: How China Functions as an Alternative to the IMF