Posts By Zhou Taidong
August 21, 2013
As the world’s fastest rising power, China has sharply expanded its foreign aid spending in both scale and scope over the last decade. As China emerges as a major player in the field of foreign aid, longstanding “established” Western donors have begun to seize the opportunity to engage China in development cooperation in an effort to form new joint-venture programs and facilitate mutual understanding. Such cooperation and linking of resources could play a significant role in improving aid quality and effectiveness throughout the developing world. It could also help both China and established Western donors learn from each other in the rapidly evolving aid landscape.