Asia

Asia's NDB: The forgotten multilateral shows its face

July 02, 2020
By ELLIOT WILSON

The New Development Bank, born in Shanghai 2015 to help the five ‘Brics' countries, has had a good pandemic, disbursing $4 billion in emergency funding and printing a maiden US dollar bond.

China: End of the Belt and Road?

China: End of the Belt and Road?

June 04, 2020
By ELLIOT WILSON

Mainland Chinese firms invested $72.2 billion in Africa between 2014 and 2018, much of it through the Belt and Road Initiative.

Chinese bonds: buyer beware

Chinese bonds: buyer beware

May 19, 2020
By ELLIOT WILSON

Foreign capital is flooding into Chinese bonds, but investors would be wise to scrutinize the myriad ways by which issuers can wriggle out of meeting their obligations.

The pitfalls of India

The pitfalls of India's JAM

May 11, 2020
By KANIKA SAIGAL

India's national ID and financial inclusion system creates the rails on which food and financial aid can reach some of the most vulnerable in society.