Tag Archives: China Export – Import Bank

China: New kid on the development block

In a sign of changing global economic and political influence, with a profound impact on development policy, recent reports show that China has lent more money to developing countries in the last 2 years than the World Bank.  According to research by the Financial Times newspaper, the China Development Bank and China Export – Import Bank made loans of at least $110bn, compared with just over $100bn by the World Bank. Continue reading

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