China as a creditor to emerging countries

Authors

M. V. Zharikov
Moscow Technological Institute, Russian Federation

Abstract

The article is devoted to the credit activity analysis of public and Chinese private corporations in developing countries. In the study is presented the estimations of China’s financial assistance to developing countries as the geographical distribution of China corporative loans to developing countries. The author of the research came to conclusion that such lending mechanism is one of the factors of foreign expansion both the economic activities of Chinese corporations and CNY currency in the international payment systems, as well as the new world economics centers development.

Keywords

international loans, BRICS countries, financing of infrastructure projects, official reserves, internationalization of the yuan

Author Info

M. V. Zharikov

Candidate of Economic Sciences, Associate Professor of the Department of Marketing, Advertising and Entrepreneurship at Moscow Technological Institute

Email: michaelzharikoff@gmail.com

References

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Article Details

Issue

2016 · No. 1 (41)

Section

Global Economy

Publication History

Published 2016-03-05

How to Cite

[1]
Zharikov M.V. China as a creditor to emerging countries // Economics: Theory and Practice. 2016. No 1 (41). С. 10–16. URL: https://etip.kubsu.ru/article/view/254

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Copyright (c) 2016 M. V. Zharikov

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This work is licensed under a Creative Commons Attribution 4.0 International License.