Many of China’s debtor nations are unable to repay their debt, but debt-for-climate swaps could be an innovative solution.
The coast of La Digue, one of Seychelles’ largest islands. Seychelles greatly expanded its marine protected areas in exchange for millions in debt relief. Credit: Jean-Marie Hullot, Creative Commons
After rising to become the world’s top bilateral creditor, China is facing a new challenge: a looming global debt crisis. Many of China’s most frequent borrowers now find themselves unable to repay their debts.
China has already shown itself as a willing partner in debt renegotiations. It has joined the G-20 Debt Service Suspension Initiative (DSSI) to ease this burden among 73 lower-income borrowers by allowing them to temporarily suspend their debt payments to participating bilateral le
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A former Google software engineer has been convicted of trade secrets theft and economic espionage in connection with his efforts to launch a start-up in his native China. The Wire China sat in on Ding Linwei’s trial in San Francisco.
The world's biggest battery manufacturer is pushing the limits of battery tech and supplies carmakers around the world — but a path further into the U.S. is far from certain.
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