3min chapter

China Global cover image

Banking on Beijing: The Aims and Impacts of China’s Overseas Development Program

China Global

CHAPTER

Why Is China Using Its Overseas Landing Programme to Address Domestic Challenges?

China is using its overseas landing programme to address three domestic challenges. They've come up with this kind of three prong strategy. Dollar denominated lending at or near market, high levels of industrial overproduction and a need for secure natural resources. When countries agree to buy china's over supplied industrial imputs, what are they doing? They are effectively helping visin manage its own domestic economic problems.

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