Egypt says GERD talks with Ethiopia 'stumbled', next round in Khartoum in October    Saudi Arabia to invite UN experts to investigate oil attack: statement    Oil tanker bottleneck builds at Saudi ports after attacks    North Korea leader Kim invited Trump to Pyongyang in letter: report    UEFA Champions League group stage fixtures (1st matchday)    Biggest oil price surge since 1991 as 'locked and loaded' US points finger at Iran for attack    Egyptian navy rescues tourists aboard yacht adrift in Red Sea    Tutankhamun Opera to debut with inauguration of Grand Egyptian Museum: Zahi Hawass    Egyptian transport start-up Swvl plans IPO in 5-10 years    Kessie and Lukaku subjected to more racism in Italy    Juventus 'ultra' fan leaders arrested in tickets probe    Oil majors curb FTSE losses as crude surges after Saudi attacks    Egypt's Tourism Minister Al-Mashat holds several meetings on sidelines of UNWTO session    Egypt court sentence 6 to death for joining terrorist group, manufacturing explosives; 8 acquitted    New academic building in Bahrain to be completed in Q4    New York moves to prohibit flavored e-cigarettes after Trump ban move    Brexit will be delayed again when PM Johnson's deal falls: Nigel Farage    Dollar drops, oil-exporter currencies climb after Saudi attacks    EU funding Egypt's annual developmental projects at €1.1bn – minister    European markets to open lower on geopolitical tensions, weak Chinese data    Egyptian gov't working to remove trash in Ismailia    'Al-Daheeh' host Ahmed El-Ghandour shortlisted for IBC's first 'Young Pioneer' award    Egypt forces kill group of terrorists in North Sinai, four policemen wounded: Ministry    Iran dismisses as ‘pointless' U.S. claims about Aramco attacks    Egypt's Zamalek suffer surprise 2-1 defeat at Senegal's Generation Foot    Ukraine poised to seal 3-year IMF loan of $5bn    Egypt's Sisi discusses education, terrorism at national youth conference    Sisi to open 8th edition of the National Youth Conference Saturday    Spotify buys music production marketplace SoundBetter    Egypt's Ahly striker Amr Gamal joins Talae El-Geish for 2 seasons    Shikabala left out of Egypt's Zamalek squad for Generation Foot clash    Egypt, UK sign deal to establish branch of London School of Economics at New Administrative Capital    8th edition of Egypt's National Youth Conference to start Sunday    Egypt's PM discusses details of Al-Hussein Mosque renovation    Egypt's Baron Empain Palace to be reopen after renovation    Court sentences six to death, 41 to lifetime imprisonment violence related case    Trump says he would release Mideast peace plan after Israeli elections    NBE announces EGP 2.5m prizes for handball youth teams for their world achievements    ACWA Power compares 3 bids to supply production units for Luxor power station    What do you know about gold alloying?    Jennifer Lopez evokes Egyptian outrage post her North Coast performance    Cairo's historic Tahrir square to be renovated – PM    Al-Sisi honours Egypt's scholars on Science Day    IS claims responsibility for suicide bombing killing 63 in Afghan wedding    Political parties gear up for parliamentary, senate, local elections    Unprecedented Glory: Egypt win Men's U-19 World Handball Championship    12th National Egyptian Theatre Festival fuel up public theatre art scene    Ministry of Environment has a plan for "black clouds season"    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Declining global interest rates to encourage hard currency borrowing in EM: IIF
Notably, China's share of inbound FDI rose steadily from 5.4% in 2013 to 10.5% in 2017.
Published in Daily News Egypt on 19 - 08 - 2019

The Institute of International Finance stated in its latest report that the global debt monitor points out that the sustainability in a number of vulnerable emerging and frontier markets is a growing source of concern, and declining global interest rates will likely encourage emerging markets (EM) borrowers to take on even more hard currency debt.
"While debt strains in many Belt and Road Initiative (BRI)-recipient countries are by no means attributable to China alone, a number of countries, including Pakistan and the Maldives, do face potentially challenging bilateral debt repayment schedules to China," the IIF added.
Notably, China's share of inbound FDI rose steadily from 5.4% in 2013 to 10.5% in 2017.
The proliferation in new projects since the launch of China's BRI imitative in October 2013 has been extraordinary. China has signed no less than 170 intergovernmental cooperation documents with 122 countries and 29 international organizations, with the country's export credit agencies insuring and investing over $600bn of BRI-related exports and investments.
The IIF mentioned that small wonder then that China's share of total FDI into countries in Asia and beyond has sky-rocketed during that time frame, though BRI countries have only accounted for some 9%-12% of China's total outward direct investment in recent years.
Notably, the BRI recipient countries in Africa are Djibouti, Ethiopia, Kenya, Nigeria, and Sudan.
The IIF noted that as the trade war roller-coaster swerves on the risk of further deterioration in business sentiment has become a key driver for corporate earnings forecasts.
It explained that the economic policy uncertainty in both US and China is at record highs, which is likely to prompt delays and cutbacks to both business investment and household consumption.


Clic here to read the story from its source.