CHINESE FOREIGN AID: VISIONS AND INSTITUTIONS
CHINESE FOREIGN AID: VISIONS AND INSTITUTIONS

Summary/Abstract: With the start of this new century China entered into a new phase of aid, after 3 decades of double digit growth China has become the world largest exporter and second largest economy today. In the light of these economic developments China has become strong enough to significantly increase its presence as a donor of official development aid (ODA). One of the main traits of Chinese aid is that economic co-operation is linked to development assistance and there is not a clear distinction between them. Economic co-operation is seen as the ultimate goal and development assistance plays a part in that. Analysing the evolution of foreign aid policies and its institutional framework would offer a better understanding on how China intends to achieve that goal and this article tries to provide that. A foundation needed for a further in depth study of its foreign aid policies.

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