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If You Lead a Developing Country and Want to Borrow Money From China, Then Listen to This Podcast
The China-Global South Podcast
The Importance of Chinese Competency in the Debt Process
Is there a gap between what the borrowers want and what the lenders in China are doing? I think the borrowing country should understand how China works on such kind of a major project, especially from a finding perspective. Cobis: Some countries may have their law firm to review the final contracts because sometimes I work for Chinese banks here. That's the common loan process. But now for the sovereign debt process, the sovereign debt restructuring process,. I'm not sure that their advisor have a Chinese branch or Chinese office to support them to understand how to proceed. Many, many cases there, we can say, there's no Chinese face to show on the other side.
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