000 05726nam a2200721 4500
001 9781501775864
003 DE-B1597
005 20260416115150.0
006 m|||||o||d||||||||
007 cr || ||||||||
008 260303s2024 nyu fo d z eng d
020 _a9781501775864
024 7 _a10.1515/9781501775864
_2doi
035 _a(DE-B1597)BR1293056
035 _z(OCoLC)1407097447
040 _aDE-B1597
_beng
_cDE-B1597
_erda
041 0 _aeng
044 _anyu
_cUS-NY
072 7 _aBUS
_x069030
_2bisacsh
072 7 _aPOL
_x024000
_2bisacsh
072 7 _aSOC
_x026000
_2bisacsh
100 1 _aChen, Muyang,
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
245 0 0 _aThe Latecomer's Rise :
_bPolicy Banks and the Globalization of China's Development Finance /
_cMuyang Chen.
264 1 _aIthaca, NY
_bCornell University Press,
_c[2024]
264 4 _c©2024
300 _a1 online resource (240 p.)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 0 _tFrontmatter --
_tContents --
_tAcknowledgments --
_tAbbreviations --
_tIntroduction STATE ACTORS, MARKET GAMES --
_t1 CAPITALIZING DEVELOPMENT From Tax Revenue to Bonds --
_t2 DEBT FOR GROWTH? The Domestic Origin of the Chinese Pathway --
_t3 GLOBALIZING LATE DEVELOPMENT What Makes China's Industrial Catch-Up Special? --
_t4 THE LATECOMER'S CHALLENGE China and the West --
_t5 WHAT'S NEXT? China's Development Finance at a Crossroads --
_tConclusion REASSESSING CHINA'S RISE --
_tNotes --
_tBibliography --
_tIndex
506 0 _arestricted access
_uhttp://purl.org/coar/access_right/c_16ec
_fonline access with authorization
_2star
520 _aIn The Latecomer's Rise, Muyang Chen reveals the nature and impact of a rapidly growing form of international lending: Chinese development finance.Over the past few decades, China has become the world's largest provider of bilateral development finance. Through its two national policy banks, the China Development Bank (CDB) and the Export-Import Bank of China (China Exim), it has funded infrastructure and industrial projects in numerous emerging markets and developing countries. Yet this very surge and magnitude of capital has raised questions about the characteristics of Chinese bilateral lending and its repercussions on the international order. Drawing on a variety of novel Chinese primary sources, including interviews and official bank documents, Chen pinpoints the distinctiveness of Chinese bilateral development finance, explains its origins, and analyzes its effects. She compares Chinese policy banks with their foreign counterparts to show that the CDB and China Exim, while state-supported, are in fact also market-oriented-they are as much government organs as they are profit-driven financial agencies that serve both state and firms' interests. This approach, which emerged out of China's particular economic history, suggests that Chinese overseas lending is not merely a tool of economic statecraft that challenges Western-led economic regimes. Instead, China's responses to extant rules, norms, and practices across given issue areas have varied between contestation and convergence.Rich with empirical detail and penetrating insights, The Latecomer's Rise demystifies the little-known workings of Chinese development finance to revise our conceptions of China's role in the international financial system.
538 _aMode of access: Internet via World Wide Web.
545 _aMuyang Chen is Assistant Professor of International Development at Peking University's School of International Studies. She has published in World Development, International Affairs, European Journal of International Relations, and Review of International Political Economy.
546 _aIn English.
588 0 _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed March 03 2026)
650 7 _aBUSINESS & ECONOMICS / Economics / Theory.
_2bisacsh
650 7 _aPOLITICAL SCIENCE / Public Policy / Economic Policy.
_2bisacsh
650 7 _aSOCIAL SCIENCE / Sociology / General.
_2bisacsh
653 0 _aChina Development Bank
653 0 _aExport-Import Bank of China
653 0 _abelt and road initiative
653 0 _aChinese lending
653 0 _asovereign debt
653 0 _afinancing infrastructure
653 0 _aexport credit
653 0 _aWestern influence
653 0 _aASIAN STUDIES
653 0 _aECONOMIC HISTORY
653 0 _aPOLITICAL SCIENCE & POLITICAL HISTORY
653 0 _aChina Development Bank, Export-Import Bank of China, belt and road initiative, Chinese lending, sovereign debt, financing infrastructure, export credit, Western influence
773 0 8 _iTitle is part of eBook package:
_dDe Gruyter
_tCornell University Press Complete eBook-Package 2024
_z9783110751840
_oZDB-23-25
773 0 8 _iTitle is part of eBook package:
_dDe Gruyter
_tEBOOK PACKAGE Business and Economics 2024
_z9783111513232
_o978-3-11-151323-2 EBOOK PACKAGE Business and Economics 2024
773 0 8 _iTitle is part of eBook package:
_dDe Gruyter
_tEBOOK PACKAGE Business and Economics 2024 ENG
_z9783111513270
_o978-3-11-151327-0 EBOOK PACKAGE Business and Economics 2024 ENG
856 4 0 _uhttps://www.degruyterbrill.com/isbn/9781501775864
856 4 2 _3Cover
_uhttps://www.degruyterbrill.com/document/cover/isbn/9781501775864/original
912 _aZDB-23-25
_b2024
912 _a978-3-11-151323-2 EBOOK PACKAGE Business and Economics 2024
_b2024
912 _a978-3-11-151327-0 EBOOK PACKAGE Business and Economics 2024 ENG
_b2024
912 _aGBV-deGruyter-alles
942 _cE-BOOK
999 _c49541
_d49541