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Sovereign Sustainability: How China’s Overseas Development Finance Responds to Varying Environmental and Social Protections Around the World

By Rebecca Ray Do high standards for environmental and social protections deter Chinese overseas development finance? New data from the Boston University Global Development Policy Center shows that China’s borrowers have the policy space to ...

China’s Overseas Development Finance Totaled $10.5 Billion in 2020-21, Lowest in Recent Years

By Rebecca Ray After providing a staggering amount of finance for overseas development projects in the wake of the global financial crisis, Chinese overseas development finance has been on a general downward trend for several years. New data shows the pandemic ...

China’s Overseas Development Finance Totaled $10.5 Billion in 2020-21, Lowest in Recent Years

By Rebecca Ray After providing a staggering amount of finance for overseas development projects in the wake of the global financial crisis, Chinese overseas development finance has been on a general downward trend for several years. New data shows the pandemic ...

Amid Polycrisis, the IMF and the World Bank Should Do More to Stabilize the World Economy

By Justin Yifu Lin and Yan Wang The global economy is facing polycrisis: increasing climate change, Russia’s war in Ukraine and capital flight from emerging markets and developing countries, leading to declines in their foreign exchange reserves, local currency depreciation and ...

Is the U.S. Comparative Advantage in Engaging with Africa Enough for U.S.-Africa Relations?

By Oyintarelado Moses The U.S. showed off its comparative advantage in engaging with Africa during the Africa and Diaspora Young Leaders Forum at last week’s U.S.-Africa Leaders Summit. While sitting in the audience, I observed as the first African American Vice ...

Analysis from Cobus van Staden

Top State Department Official Says China’s Debt Relief Offer to Sri Lanka is “Not Enough”

Another senior U.S. diplomat has accused China of not doing enough to resolve Sri Lanka’s debt renegotiation, a sign that the island’s financial crisis is increasingly being framed geopolitically.
U.S. Under Secretary of State for Political Affairs, Victoria Nuland said: “What China has offered so far is not enough. We need to see credible and specific assurances that they will meet the IMF standard of debt relief.”

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“Blue-ing” the BRI for Coastal Ecosystems and Communities

By Rebecca Ray Over the last week, China has presided over the Council of the Parties (COP15) to the United Nations Convention on Biological Diversity (CBD) in Montreal. China has chaired COP15 since the COVID-19 pandemic prevented countries from convening ...

How the Global South Can Leverage the BRI and PGII: Competing and Complementary Infrastructure Initiatives

By Oyintarelado Moses and Keren Zhu Last month, the United States and the European Union launched new agreements under the Partnership for Global Infrastructure and Investment (PGII) on the sidelines of the G20 meeting and the European Commission announced the Global Gateway’s (GG) ...

China’s Paid-In Capital on the Rise – Here’s What to Know

By Oyintarelado Moses and Laura Gormley Since 2007, Chinese special investment funds targeting overseas development projects have been on the rise. These funds are pools of capital established by multiple public and/or private shareholders that primarily provide equity financing to projects ...

How Host Country Policies are Driving Chinese Finance for Renewables

By Rishikesh Ram Bhandary The Egyptian government, host of the 2022 United Nations Climate Change Conference (COP27), has dubbed this meeting the “implementation COP.”  For many developing countries, international finance is a key enabler that allows ...

China and the Global South: What to Watch at COP27

By Cecilia Springer This week, delegations from around the world are convening in Sharm El-Sheikh, Egypt, for the annual 2022 United Nations Climate Change Conference, or COP27. With Egypt hosting, this year’s climate ...
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