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New Report Tracks Major Developments in Chinese Lending

Global distribution of Chinese overseas development assistance and other official financed projects in low and middle income countries. Source: AidData.

China’s Belt and Road Initiative is evolving rapidly to take on debt, reputational, and ESG challenges that affected its first decade.

This is one of the findings of a landmark report from AidData, a research institute at the College of William and Mary. Based on a dataset of over 20,000 projects in 165 low and middle-income countries, the report finds that many perceptions of the BRI, including those driving competing initiatives like the Global Gateway and the Partnership for Global Infrastructure Investment, are years out of date.

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