The geography of financial flows during the post-crisis period has gained importance because new actors are promoting alternative paths coming, mainly, from the financial circuits of emerging countries. The Belt Road Initiative (bri) is an example since it has deepened Chinese banks and companies at a global level in places such as Africa, Latin America, Central Asia, Southeast Asia, and South Asia. The objective of this paper is to propose the expansion of financial flows within the context of the BRI initiative and its importance in the world’s hegemony. From describing the way in which capital expansion from China is taking place, three research questions will be posed: What is the behavior of the financial flows from Chinese banks and companies in Africa? How can the sustained growth of indebtedness of African countries to Chinese banks, since the post-crisis period, be explained? And, finally, what are the challenges for the regions located in the New Silk Road?
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International Development and Aid
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