The Global Center for Development Policy (GDP Center), a center affiliated with Boston University’s Frederick S. Pardee School of Global Studies, published new findings China’s Overseas Development Finance Database (CODF) explores downward trend Financing Chinese overseas development and whether China will return to large-scale lending levels.
These new findings are the result of a policy brief – ”Small is Beautiful’;’ A New Era in Overseas Development Finance in China?” – published by Rebecca Ray, Senior Research Fellow at the GDP Center The note provides information on the state of overseas development finance in China from 2008 to 2021 and how borrowers, sectors and loan types have changed over the years. One of the key findings of the research was that China’s overseas development funding has declined both in total monetary value and geographical footprint of funded projects This trend is emblematic of the “small is beautiful” approach to Chinese economic engagement in recent years, which favors smaller and more targeted projects.
The full guidance note and an overview of other key findings can be read on the GDP Center website. Read the cover of the Centre’s findings in Reuters and Global South China Project.
Launched in 2020, the CODF database is the first global, harmonized, validated and geolocated record of Chinese overseas development finance. It covers the years 2008-2021 and includes loan commitments from China’s two main development finance institutions (DFIs), the China Development Bank (CDB) and the China Export-Import Bank (CHEXIM), to governments, intergovernmental bodies, majority state -owned entities and minority public entities with sovereign guarantees. Explore the CODF on the GDP Center website.
The GDP Center is an academic research center affiliated with the Pardee School of Global Studies. Founded in 2017, the center aims to advance financial stability, human well-being and environmental sustainability worldwide. Learn more on the GDP Center website.