Stimson in the News

Yun Sun quoted in ABC-CBN News on Chinese Foreign Aid

By Yun Sun
in Program

For developing economies like the Philippines, development aid and investment flows from China are an attractive proposition that could energize a range of productive sectors.

-snip-

“China frequently provides low-interest loans to nations who rely on commodities such as oil or mineral resources, as collateral. In these cases, the recipient nations usually suffer from low credit ratings and have great difficulty obtaining funding from the international capital market; China makes financing relatively available — with certain conditions,” said Yun Sun, who is also now senior associate with the East Asia Program at the Washington DC-based public policy institute Stimson Center.

Read the full article here.

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