Follow CGSP on Social Media

Listen to the CGSP Podcast

Billion Dollar Infrastructure Fund Reveals China’s New Development Finance Priorities and Tactics

File image of Chinese contractors building the $5.5 billion subway in the Indonesia capital Jakarta. BAY ISMOYO / AFP

The Chinese government is leveraging private capital to bolster its infrastructure development finance agenda in developing countries, particularly in Southeast Asia. 

The China Exim Bank, one of China’s two main policy banks, announced this week that it teamed up with Singaporean real estate investment firm ARA to close a deal for a one-billion-dollar infrastructure development fund to finance sustainable energy, telecommunications projects, and other low-carbon transportation initiatives in the ten member states of the Association of Southeast Asian Nations (ASEAN).

Lead the Conversation on China

Subscribe Today to Get Full Access to The China-Global South Project

Check Out Everything You'll Get With Your Subscription

The China-Global South Daily Brief delivered to your inbox at 6AM Washington time

Full access to exclusive news and analysis from editors based in the Global South

Transcripts of CGSP’s twice-weekly podcasts

Students and teachers with a valid .edu email address are eligible for a 50% discount off monthly or yearly subscriptions. Email us to receive a discount code.

What is The China-Global South Project?


The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.


A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.


Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.


A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.