China鈥檚 Development Finance: Ambition, Impact and Transparency

This briefing examines China鈥檚 rise as a development financer

From:
Foreign, Commonwealth & Development Office
Published
1 January 2015
Country:
China
Document Type:
Briefing
Theme:
Economic Growth and Governance and Conflict
First published:
1 January 2015
Authors:
Carey, R. and Xu JiaJun

Abstract

In a context of lagging reform in the Bretton Woods institutions, China has brought the debate on its role as a rising power in global economic governance onto the front pages, notably with the divided response of 鈥榯he West鈥� to membership in the Asian Infrastructure Investment Bank (AIIB), which is to be headquartered in Beijing. This Policy Briefing argues that China鈥檚 rise as a development financer has reached the point where it now has basic interests and responsibilities in the systemic functioning of global development financing. Yet there is still a long way to go before Chinese policymakers see transparency of China鈥檚 development finance outflows and impacts as an area for win-win advances

Citation

Xu JiaJun; Carey, R. China鈥檚 Development Finance: Ambition, Impact and Transparency. Institute of Development Studies (IDS), Brighton, UK (2015) 4 pp. [IDS Policy Briefing 92]

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Published 1 January 2015
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