China's Emergency Rescue Lending

China as an International Lender of Last Resort Dataset, Version 1.0.1

Summary

This dataset contains information on China’s international rescue lending operations in 22 countries between 2000 and 2021, as used in the China as an International Lender of Last Resort report.

Official Citation

Horn, S., Parks, B., Reinhart, C. M., and Trebesch, C. (2023). China as an International Lender of Last Resort. NBER Working Paper No. 31105. Cambridge, MA: National Bureau of Economic Research (NBER).

Date Published

March 27, 2023

Full Description

This dataset provides detailed information about (a) the People's Bank of China's (PBOC) standing bilateral swap lines and drawdowns initiated by foreign central banks through these swap lines between 2008 and 2021; and (b) rescue loans provided by Chinese state-owned banks and enterprises to government and government-owned institutions in low- and middle-income countries between 2000 and 2021. The swap line data is provided as a country-year panel. The data on rescue lending from Chinese state-owned banks and enterprises is provided at the transaction-level. Some transactions are sourced from a forthcoming (3.0) version of AidData's Global Chinese Development Finance (GCDF) dataset that is not yet publicly available.

Related Datasets

Chinese loan contracts

How China Lends Dataset, Version 1.0

Published

Mar 2021

This dataset contains information about 100 loan contracts between Chinese state-owned entities and government borrowers in 24 developing countries in Africa, Asia, Eastern Europe, Latin America, and Oceania.