Christoph Trebesch

Anna Gelpern and Christoph Trebesch discuss their unprecedented study on the legal terms of loans by Chinese state-owned entities to borrower governments around the world. They shed light on innovative and unexpected contracting practices, explore non-comparable treatment clauses in debt restructuring, examine leverage and pricing in Chinese lending, and emphasize the importance of carefully drafting provisions in contracts.

Christoph Trebesch from the Kiel Institute discusses the resurgence of state-based international lending, focusing on Ukraine's support, China's global role, and central bank swap lines post-financial crises. He delves into China's emergence as a major lender, challenges in tracking loans, and its strategic approach in global finance.