China Goes Global with Development Banks
China Goes Global with Development Banks was published by The Bretton Woods Project on April 7th.
This briefing examines the trajectory of China’s evolving leadership in international development finance. It looks at the impact of China’s massive increase in development finance for developing countries, arguing that it provides a useful alternative to Western-dominated institutions. It notes that it is too soon to tell if Chinese finance will support socially and environmentally sustainable projects and that concerns remain about transparency, accountability and the environmental and social safeguards used by Chinese institutions.