China’s lending has been ‘vastly’ larger – and far more skewed towards developed countries – than previously assumed, AidData study finds.

China’s lending since the turn of the century has been “vastly” larger than previously understood, with loans and grants increasingly going to developed countries including the United States – the largest recipient – according to a new report by an American university research team. Of the US$2.2 trillion disbursed by China’s “official sector” between 2000 and 2023, nearly US$202 billion went to projects in the US, the AidData research lab at Virginia-based university William & Mary found. “Our…

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