Saturday, July 29, 2017

China's Foreign Aid and Africa

The Australian National University published in 2017 a book on China's New Sources of Economic Growth that contains a chapter titled "China's Innovative and Pragmatic Foreign Aid: Shaped by and Now Shaping Globalisation" by Lauren Johnston, University of Melbourne, and Marina Rudyak, Heidelberg University.

Just over half of China's foreign aid goes to Africa. This chapter summarizes the evolution of China's inbound and outbound foreign aid policy. It offers an especially good historical analysis of China's outbound foreign aid. The chapter also discusses the significance of China's foreign aid for recipient countries, with particular reference to Africa.