China as a creditor to emerging countries

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.