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CGD’s work with particular relevance for Asia area includes an analysis on the potential effects of climate change on agricultural production, a Forest Monitoring for Action prototype that features high-resolution maps of Indonesia, and a review of China’s expanding development assistance programs.
As the World Bank makes a case to its shareholders for a capital increase this year, they are grappling with an uncomfortable truth: one of their biggest borrowers, China, happens to hold the world’s largest foreign exchange reserves, is one of the largest recipients of foreign direct investment, enjoys some of the best borrowing terms of any sovereign borrower, and is itself the world’s largest sovereign lender.