Overseas development finance plays a pivotal role in China’s expanding global engagement. Existing scholarship portrays Chinese capital as “patient,” due to its higher tolerance of risk compared to Western capital, which prioritizes short-term gains. In a new working paper, David Landry and Keyi Tang demonstrate that this narrative overlooks the calculated decisions behind much of […]
Editor’s Note: The following testimony was delivered by Dr. Rebecca Ray to the US-China Economic and Security Review Commission hearing on Consumer Products from China: Safety, Regulations and Supply Chains on March 1, 2024. Good afternoon. Thank you for the opportunity to testify before the Commission today. I would like to start by congratulating the Commissioners on an important […]
By Ishana Ratan On Tuesday, February 20, 2024, the South African Institute of International Affairs (SAIIA) and the Boston University Global Development Policy Center (GDP Center) cohosted a webinar to discuss findings from the recent report on environmental, social and governance (ESG) implementation of Chinese projects in Africa. The report is the result of a […]
By Ying Qian Many developing countries continue to suffer from the impacts of debt distress that were exacerbated during the COVID-19 pandemic years. It is estimated that 61 emerging markets and developing economies (EMDEs) are in or at high risk of debt distress, and that more than $812 billion in debt needs to be restructured […]
China’s full integration into the Bretton Woods System (BWS) since it joined the World Trade Organization (WTO) in December 2001 raised questions about exactly how China relates to the BW institutions and the international economic order that they support. Existing studies debate whether China is supporting the BWS institutions and the order as a ‘responsible’ […]
By Oyintarelado Moses, Ishana Ratan and Lucas Engel From 2008-2021, China’s development finance institutions (DFIs), China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM), provided approximately $500 billion in overseas development finance (ODF), an amount nearly on the scale of World Bank lending during the same time period. The Boston University Global Development […]
Por Zara C. Albright La nueva capacidad de generación de energía anual global tendrá que ser un 90 por ciento renovable entre 2022 y 2030 a fin de limitar el calentamiento global a 1,5 °C. Se precisan aumentos significativos en la producción de materiales de transición, especialmente litio y cobre, para apoyar este crecimiento, lo […]
Southeast Asia is one of the regions with the world’s highest species richness and endemism. Its tropical ecosystems are characterized by rich biodiversity and complex biotic interactions among their species. Unfortunately, today, this region exhibits the world’s highest vertebrate extinction rates, primarily due to severe habitat loss. The countries in this region have seen deforestation […]
By Ishana Ratan On Thursday, October 12, the Boston University Global Development Policy Center (GDP Center) hosted a webinar discussion on the impacts and implications of the Belt and Road Initiative (BRI) in its 10 years of shaping global development. Oyintarelado Moses, Data Analyst and Database Manager, and Rebecca Ray, Senior Academic Researcher, presented key […]
In September 2021, at the 76th United Nations General Assembly, Chinese leader Xi Jinping announced that China will step up support for other developing countries in developing green and low-carbon energy and will not build new coal-fired power projects abroad. Since then, renewable energy has become a key area in promoting the green development of […]