Rise of China’s Export Credit Policy Insurance in Eurasia

... risk in China is actually a much darker and deeper risk than debtor risk in external economies. Much analysis has focused on the debtor risk of smaller economies being caught in a China debt-trap. But the endogenous risks in the larger China creditor economy being exported to external economies is a little understood risk. For Russia, disregarding the actions and agendas of Sinosure would be to cede legitimacy and economic gravity to China’s economic development agenda in the Eurasian heartland.