Casual Discussion China Outspends Major Powers In Overseas Development Finance Program, Have Spent $843Bn Across 165 Countries: Study

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China Outspends Major Powers In Overseas Development Finance Program, Have Spent $843Bn Across 165 Countries: Study​

By: ABP News Bureau | Updated : 30 Sep 2021 04:22 PM (IST)​

New Delhi: China outspends the United States and other major powers by at least 2:1 in its Belt and Road Initiative (BRI) with annual international development finance commitments hovering around $85 billion a year.

China is doing so with semi-concessional and non-concessional debt rather than aid, as per a study by AidData.

Introducing a uniquely comprehensive and granular dataset of international development finance from China, the study captures 13,427 projects worth $843 billion across 165 countries in every major world region over an 18-year period.

China Outspends Major Powers In Overseas Development Finance Program: Study

China is doing so with semi-concessional and non-concessional debt rather than aid, as per a study by AidData.

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