Banking Across Borders : Are Chinese Banks Different? /

We explore the global footprint of Chinese banks and compare it with that of other bank nationalities. Chinese banks have become the largest cross-border creditors for almost half of all emerging market and developing economies (EMDEs). Their global reach resembles that of banks from advanced econom...

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Chi tiết về thư mục
Tác giả chính: Cerutti, Eugenio
Tác giả khác: Koch, Catherine, Pradhan, Swapan-Kumar
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2020.
Loạt:IMF Working Papers; Working Paper ; No. 2020/249
Truy cập trực tuyến:Full text available on IMF
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245 1 0 |a Banking Across Borders :   |b Are Chinese Banks Different? /  |c Eugenio Cerutti, Catherine Koch, Swapan-Kumar Pradhan. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2020. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a We explore the global footprint of Chinese banks and compare it with that of other bank nationalities. Chinese banks have become the largest cross-border creditors for almost half of all emerging market and developing economies (EMDEs). Their global reach resembles that of banks from advanced economies (AEs). We take a nationality approach as international banks, and Chinese banks in particular, grant a substantial share of their cross-border loans from affiliates located abroad. But differences remain. Using a gravity model with a novel measure of distance capturing the role of foreign affiliates across all bank nationalities, we find that larger distances deter cross-border bank lending to EMDEs more than to AEs. For Chinese banks, however, distance deters lending to EMDEs less than for peer EMDE banks. We show that for all banks combined, bilateral economic interactions like trade, FDI and portfolio investment, positively correlate with lending. Chinese banks' lending to EMDEs also strongly correlates with trade, but not with FDI and, unlike other banks, it correlates negatively with portfolio investment. 
538 |a Mode of access: Internet 
700 1 |a Koch, Catherine. 
700 1 |a Pradhan, Swapan-Kumar. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2020/249 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2020/249/001.2020.issue-249-en.xml  |z IMF e-Library