A recent study said Chinese support for the developing world under President Xi Jinping has ‘upended the world of development assistance.’ Photo: Kyodonews/Zuma PressWhen Xi Jinping celebrated a decade of Beijing-funded global development last month, he said the effort has focused on “on enhancing connectivity.” New figures show just how closely China has linked itself to other nations.
China is the world’s No.
1 source of international development finance, with some $1.34 trillion in loans and grants disbursed over 22 years for 20,985 projects in 165 low- and middle-income nations, according to a compendium published Monday.
Persons:
Xi Jinping
Organizations:
’, Zuma
Locations:
Beijing, China