China and the Developing World

    • Article

    Coordinating Chinese Aid in a Globalized World

    The China International Development Cooperation Agency could help China coordinate its aid portfolio more efficiently. But it is more difficult to say whether the new agency will make Chinese aid disbursement and procurement decisionmaking more transparent.

    • China’s Belt and Road Initiative in Latin America and the Caribbean

      • Matt Ferchen
      • December 20, 2018
      • International Institute of Strategic Studies

      The recent expansion of China’s Belt and Road Initiative into Latin America and the Caribbean (LAC) is unlikely to bring fundamental change to China–LAC economic relations. It may, however, catalyze a more volatile LAC–China–US geopolitical relationship.

      • China’s Troubled Hungary-Serbia Railway Project: A Case Study

        The signature project of the 16+1 framework between China and sixteen countries in central and eastern Europe is a Chinese-financed railway between Hungary and Serbia. The project has become a symbol of not just the 16+1 framework but also of what China’s Belt and Road Initiative (BRI) means for Europe.

        • Op-Ed

        China-Venezuela Relations: A Perfect Storm

        How China should understand and manage political risk in Venezuela has become one of the most important, if too often ignored, questions not just in China’s relationship with Latin America, but in its broader efforts to be seen as an agent and leader of development on the world stage.

        • Op-Ed

        FOCAC and BRI Bring Reciprocal Benefit for China and Africa

        The Forum on China-Africa Cooperation (FOCAC) was established far earlier than the BRI, and it has become a sophisticated framework for China’s partnerships with African countries. Thus, FOCAC can be a mini-version of multilateral cooperation that aids the implementation of BRI projects.

        • Op-Ed

        China, Venezuela, and the Illusion of Debt-Trap Diplomacy

        China has often been accused of practicing “debt-trap diplomacy”—miring supposed partners, particularly developing countries, in unsustainable debt-based relationships. But this is a misreading of the issue, and nowhere is this more apparent than in China’s dealings with Venezuela.

        • Op-Ed

        China-Latin America Relations: Beyond “Win-Win”

        China and Latin America must confront the legacy of past deals gone wrong and attempt to move beyond commodity-based trade, investment and financing ties to forge more infrastructure cooperation.

        • China, Economic Statecraft and Policy Banks

          Concerns about China’s mercantilist trade and investment policies have been at the forefront of growing frictions between China, the EU and the United States, but the Belt and Road Initiative has also highlighted worries about the lending of billions of dollars for infrastructure projects by its “policy banks”.

          • Op-Ed

          More than a Belt, More than a Road

          Since its announcement in 2013, the Belt and Road Initiative has grown from an idea centered on connectivity and infrastructure development into a global strategy bolstering China’s influence and economic diplomacy.

          • Event

          China’s Belt and Road Initiative: a Catalyst for Economic, Financial, and Good Governance Reforms?

          Since its unveiling in 2013, the Belt and Road Initiative (BRI) has developed into a sweeping global project with profound implications for the international financial system, China’s own growth model, and governance in China and in countries along the Belt.

        Carnegie Experts on
        China and the Developing World

        • expert thumbnail - Ferchen
          Matt Ferchen
          Nonresident Scholar
          Carnegie-Tsinghua Center for Global Policy
          Ferchen specializes in China’s political-economic relations with emerging economies. At the Carnegie–Tsinghua Center for Global Policy, he runs a program on China’s economic and political relations with the developing world, including Latin America.
        • expert thumbnail - Xun
          Pang Xun
          Resident Scholar
          Carnegie–Tsinghua Center for Global Policy
          Pang Xun is a resident scholar at the Carnegie–Tsinghua Center for Global Policy, where she is part of the China and the Developing World Program.
        • expert thumbnail - Xiaoyang
          Tang Xiaoyang
          Deputy Director
          Carnegie–Tsinghua Center for Global Policy
          Tang Xiaoyang is a resident scholar and the deputy director of the Carnegie–Tsinghua Center for Global Policy and an associate professor in the Department of International Relations at Tsinghua University. His research interests include political philosophy, China’s modernization process, and China’s engagement in Africa.

        About the Program

        As China’s demand for resources and investment opportunities grows, so too do its relations with the developing world. Through collaborative exchange with leading Chinese and international experts, this program analyzes and informs the global debate on China’s relations with Latin America and the African Continent.

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