How the Belt and Road Restructures Its Loans
Chinese state lending to the developing world has shifted from building megaprojects to collecting and rolling over what it already lent.
Gabriela Montoya
Coverage of economics used as statecraft: tariffs, export controls, sanctions, investment screening and industrial subsidy programs, alongside the customs and shipping data showing where trade actually moved. Written for trade lawyers, supply chain planners, sovereign analysts and researchers of international political economy.
Reporting on economic statecraft: tariff schedules, export controls, sanctions regimes, subsidy programs, and the trade flows that shift after.
Chinese state lending to the developing world has shifted from building megaprojects to collecting and rolling over what it already lent.
Gabriela Montoya
Trade within blocs is growing faster than trade between them — a measured fragmentation whose costs land first on the countries being routed around.
Valentina Sokolov
The Appellate Body has been paralyzed since 2019 — the world's trade court still runs first instance, and workarounds patch what appeals used to.
Gabriela Montoya
When a developing country buys jets or builds a port, the lender of record is often a government — export credit is the quiet trillion-dollar layer of trade finance.
Gabriela Montoya
The world's largest emergency oil stockpile sits in Gulf Coast salt caverns — drawn down by presidents, refilled slowly, and argued about always.
Gabriela Montoya