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Historically, China has forged its own distinctive foreign aid practices. In March 2018, Beijing established the China International Development Cooperation Agency (CIDCA) to integrate and streamline its development aid programs.
The CIDCA’s highly ambitious agenda is a clear sign that, after years of considerable growth in China’s development finance, the underlying bureaucratic system is now beginning to mature. Yet key questions remain unanswered.
The narrative that China is engaging in problematic debt trap diplomacy has taken off. But for Sri Lanka and most of China’s other Belt and Road Initiative partners, it is important to understand the history and politics of their relations with Beijing and project selection.
In threatening to restrict the export of rare earth metals to the United States, China wants to demonstrate that it has leverage over the United States and an ability to respond with commensurate countermeasures if the need arises.
The China International Development Cooperation Agency has been tasked with lofty goals, but near-term expectations must be tempered by lingering questions about how it fits into the country’s existing foreign aid bureaucracy.
Pitched as a new Silk Road sweeping from Asia to Europe, China’s enormous Belt and Road Initiative is an ambitious, multinational infrastructure project. Experts from four Carnegie global centers explain other countries’ perspectives.
It is far too early to declare the “death” of the Belt and Road Initiative. Such assessments are premature, and fail to recognize the importance of the BRI to the leadership in Beijing.
Despite the established comprehensive strategic partnership between China and the EU, mutual trust is still lacking.
Despite the BRI’s prevalence in discussions of China’s global engagement, many experts are divided on how to interpret it. Is it a global strategy or just an interregional initiative? How can countries and international companies participate in its growth and development?
The potential collapse of the New START Treaty between the United States and Russia poses significant implications for Chinese nuclear thinking