Anyone with even a passing interest in development finance, or in China’s chosen way of funding projects in the developing world this last decade, should read AidData’s latest report ‘Banking on the Belt and Road’.
In it, the research lab – located in the Virginia-based William & Mary research university and part-funded by the Ford Foundation – doesn’t so much repudiate China’s Belt and Road Initiative (BRI) as eviscerate it completely.
Its authors promise a “uniquely comprehensive and granular dataset of international development finance from China”.
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