Chinese loans and grants to banks by recipient country
China committed $123 bn for banking and finance to Argentina between 2000 and 2021, 55% of the total; 75% was committed to the top three countries.
Source: AidData, Global Chinese Development Finance Dataset 3.02000–2021Updated 25 Oct 2026
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Summary
China committed $226 bn for banking and finance to the countries AidData covers between 2000 and 2021, in 2021 dollars. Argentina $123 bn (55%), Pakistan $29 bn (13%) and Mongolia $17 bn (7.6%); together, 75% of the world total.
53 countries and territories have a figure for 2000–2021.
Source: AidData, Global Chinese Development Finance Dataset 3.02000–2021Updated 25 Oct 2026
Countries and territories with data
| Argentina | $123 bn | 55% |
|---|---|---|
| Pakistan | $29 bn | 13% |
| Mongolia | $17 bn | 7.6% |
| Egypt | $17 bn | 7.3% |
| Türkiye | $10 bn | 4.6% |
| Russia | $5.8 bn | 2.6% |
| South Africa | $4.5 bn | 2% |
| Angola | $3.5 bn | 1.5% |
| Malaysia | $2.5 bn | 1.1% |
| Sri Lanka | $2.1 bn | 0.9% |
| Suriname | $1.2 bn | 0.5% |
| Uzbekistan | $1.2 bn | 0.5% |
| Nigeria | $1.1 bn | 0.5% |
| Indonesia | $943 m | 0.4% |
| Ukraine | $927 m | 0.4% |
| Vietnam | $861 m | 0.4% |
| Laos | $624 m | 0.3% |
| Kazakhstan | $615 m | 0.3% |
| Chile | $459 m | 0.2% |
| Belarus | $420 m | 0.2% |
| India | $348 m | 0.2% |
| Cambodia | $327 m | 0.1% |
| Thailand | $285 m | 0.1% |
| Philippines | $231 m | 0.1% |
| Oman | $223 m | 0.1% |
| Colombia | $169 m | 0.1% |
| Georgia | $169 m | 0.1% |
| Malawi | $134 m | 0.1% |
| Tajikistan | $111 m | <0.1% |
| Brazil | $103 m | <0.1% |
| Costa Rica | $84 m | <0.1% |
| Mauritius | $53 m | <0.1% |
| El Salvador | $39 m | <0.1% |
| Romania | $36 m | <0.1% |
| Mozambique | $34 m | <0.1% |
| Serbia | $31 m | <0.1% |
| Ethiopia | $29 m | <0.1% |
| Panama | $28 m | <0.1% |
| Bulgaria | $26 m | <0.1% |
| Burundi | $24 m | <0.1% |
| Ecuador | $22 m | <0.1% |
| Jamaica | $21 m | <0.1% |
| Barbados | $20 m | <0.1% |
| Dominica | $18 m | <0.1% |
| Uruguay | $14 m | <0.1% |
| Honduras | $12 m | <0.1% |
| Kyrgyzstan | $11 m | <0.1% |
| Nicaragua | $6 m | <0.1% |
| Paraguay | $6 m | <0.1% |
| Micronesia | $5 m | <0.1% |
| Fiji | $4 m | <0.1% |
| Senegal | $3 m | <0.1% |
| Myanmar | $3 m | <0.1% |
| Total, reporting countries | $226 bn | 100% |
Source: AidData, Global Chinese Development Finance Dataset 3.02000–2021Updated 25 Oct 2026
Largest commitments
| Project | Recipient | Amount | Year |
|---|---|---|---|
| BCRA makes RMB 130 billion drawdown under currency swap agreement with PBOC in 2018 | Argentina | $21 bn | 2018 |
| BCRA makes RMB 130 billion drawdown under currency swap agreement with PBOC in 2019 | Argentina | $21 bn | 2019 |
| BCRA makes RMB 130 billion drawdown under currency swap agreement with PBOC in 2020 | Argentina | $21 bn | 2020 |
| BCRA makes RMB 130 billion drawdown under currency swap agreement with PBOC in 2021 | Argentina | $20 bn | 2021 |
| BCRA makes RMB 70 billion drawdown under currency swap agreement with PBOC in 2015 | Argentina | $12 bn | 2015 |
| BCRA makes RMB 70 billion drawdown under currency swap agreement with PBOC in 2016 | Argentina | $12 bn | 2016 |
| BCRA makes RMB 70 billion drawdown under currency swap agreement with PBOC in 2017 | Argentina | $12 bn | 2017 |
| TCMB makes RMB 35 billion drawdown under currency swap agreement with PBOC in June 2021 (Linked to Project ID#89437, #95620) | Türkiye | $5.4 bn | 2021 |
| SBP makes RMB 30 billion drawdown under currency swap agreement with PBOC in Fiscal Year 2021 | Pakistan | $4.9 bn | 2020 |
| SBP makes RMB 30 billion drawdown under currency swap agreement with PBOC in Fiscal Year 2022 | Pakistan | $4.7 bn | 2021 |
| SBP makes RMB 20 billion drawdown under currency swap agreement with PBOC in Fiscal Year 2018 | Pakistan | $3.4 bn | 2017 |
| SBP makes RMB 20 billion drawdown under currency swap agreement with PBOC in Fiscal Year 2019 | Pakistan | $3.3 bn | 2018 |
| SBP makes RMB 20 billion drawdown under currency swap agreement with PBOC in Fiscal Year 2020 | Pakistan | $3.3 bn | 2019 |
| CBE makes RMB 18 billion drawdown under currency swap agreement with PBOC in 2017 | Egypt | $3.1 bn | 2017 |
| CBE makes RMB 18 billion drawdown under currency swap agreement with PBOC in 2018 | Egypt | $3.0 bn | 2018 |
| CBE makes RMB 18 billion drawdown under currency swap agreement with PBOC in 2019 | Egypt | $2.9 bn | 2019 |
| CBE makes RMB 18 billion drawdown under currency swap agreement with PBOC in 2020 | Egypt | $2.9 bn | 2020 |
| CBE makes RMB 18 billion drawdown under currency swap agreement with PBOC in 2021 | Egypt | $2.8 bn | 2021 |
| BCRA makes RMB 14.2 billion drawdown under currency swap agreement with PBOC in 2014 | Argentina | $2.6 bn | 2014 |
| CDB provides RMB 12 billion credit facility to VTB Bank to finance Sino-Russian trade operations | Russia | $2.1 bn | 2015 |
Source: AidData, Global Chinese Development Finance Dataset 3.02000–2021Updated 25 Oct 2026