Resource Loans

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Resource Based Lending for African Countries - China's Threat to Industrial Economies

4 May 2021 3 minute read 7 comments kev_nag

One of the more pronounced loan vehicles for African countries utilized by the People's Republic of China is the 'resource-backed loan'. The resource-backed loan (hereinafter RBLs) is a loan supplied to either a government directly or to a state owne...