Thinking About China
Opinion

‘Free Money’ From China Promotes Corruption Along the Belt and Road

‘Free Money’ From China Promotes Corruption Along the Belt and Road
Workers take down a Belt and Road Forum panel outside the venue of the forum in Beijing on April 27, 2019. Greg Baker/AFP via Getty Images
Antonio Graceffo
|Updated:
News Analysis
On Belt and Road projects, “China offers substantial financing, usually as loans, but Beijing is not a member of the Paris Club and has never supported globally recognized transparent lending practices,” said Ambassador Alice Wells, principal deputy assistant secretary of state for South and Central Asian Affairs.
Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
Related Topics