Tag: Chinese development banks
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What Makes China’s Foreign Aid Different
Soon after USAID was closed in February, speculation circulated that China would move quickly to fill the void left by the United States. That did not happen. While the Chinese did step in to provide ...
An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. REUTERS/Benoit Tessie
Conflict in the Middle East has only intensified over the past two years. The recent disruption of the Strait of Hormuz, the world's most critical energy chokepoint, has sent shockwaves across Southeast Asia, a region heavily dependent on fossil fuel imports. Around one-fifth of global ...
What Makes China’s Foreign Aid Different
Soon after USAID was closed in February, speculation circulated that China would move quickly to fill the void left by the United States. That did not happen. While the Chinese did step in to provide ...