Banking on Beijing: the aims and impacts of China's overseas development program.

Mak, Charles Ho Wang

Abstract

This is a review of "Banking on Beijing: the Aims and Impacts of China's Overseas Development Program" by Axel Dreher et al. (Cambridge University Press, 2022). There is growing concern over China's overseas lending and grant-giving activities. Journalists and policymakers always assume that Beijing uses aid to prop up rogue regimes, or debt to entangle and subjugate other countries. Nonetheless, most of these assumptions are based on opinions, hypotheses or research with an inadequate evidential basis. This is because the lack of information regarding China's lending and grant-giving activities is dispersed over hundreds of thousands of sources and more than a dozen languages. In fact, China does not reveal information about its aid projects via international reporting systems (such as the Organization for Economic Cooperation and Development's creditor reporting system), nor does it publish information on its commercial lending activities. It also employs rigorous secrecy regulations to conceal its lending and grant-giving activities from public view. The reviewed book empirically examines the conventional wisdom about China's overseas development initiative.

Citation

MAK, C.H.W. 2022. Banking on Beijing: the aims and impacts of China's overseas development program. Butterworths journal of international banking and financial law [online], 37(8), page 562. Available from: https://plus.lexis.com/

• Journal Article Type: Book Review
• Acceptance Date: Jun 29, 2022
• Online Publication Date: Sep 29, 2022
• Publication Date: Aug 31, 2022
• Deposit Date: Jul 20, 2023
• Publicly Available Date: Sep 1, 2024
• Journal: Butterworths journal of international banking and financial law
• Print ISSN: 0269-2694
• Publisher: LexisNexis Butterworths
• Peer Reviewed: Peer Reviewed
• Volume: 37
• Issue: 8
• Pages: 562
• Item Discussed: DREHER, A., FUCHS, A., PARKS, B., STRANGE, A. and TIERNEY, M.J. 2022. Banking on Beijing: the aims and impacts of China's overseas development program. Cambridge: Cambridge University Press. ISBN 9781108564496
• Keywords: International financial aid; International finance; China
• Public URL: https://rgu-repository.worktribe.com/output/2015425
• Publisher URL: https://plus.lexis.com/