Reluctant Stakeholder or Aberrant Exploiter? Deciphering China’s Approach to Sovereign Debt Restructuring

• In Event: From Orthodoxy to Opportunity: Economic Policy, Environmental Reform, and Global Finance in East and Central Asia

Brief Overview

The paper examines how China’s rise as the largest bilateral creditor reshapes sovereign debt restructurings. It contrasts Paris Club norms with Beijing’s bilateral approach, showcases coordination hurdles, and proposes pragmatic fixes.

Author

• Ameya Atul Joshi, College of William & Mary