A new report by Civic IDEA examines a key development stemming from the Sino-Georgian strategic partnership: the potential entry of Chinese banks into the Georgian market.
The report highlights recent meetings between the central banks of Georgia and China, during which the National Bank of Georgia consistently expressed interest in the presence of Chinese state-owned banks in Georgia.
It also addresses the risks and challenges linked to Chinese financial institutions, citing examples of “debt-trap diplomacy” in countries such as Sri Lanka, Tajikistan, and Montenegro.