As the possibility of a new Cold War between the US and China gains traction in some foreign policy circles, the scale of Chinese development finance has taken center stage. A closer examination suggests the cost to China of this lending is distinctly underwhelming. It would be cheap for the US and Europe to match China’s lending numbers –and in the interest of global development if it was done right.
CGD Policy Blogs
October 19, 2020
October 15, 2020
Three years ago, the government pledged “to help improve access to UK markets for world’s poorest countries post-Brexit." Our experts review whether they are still on track to meet this.