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Sometimes a beneficiary donor. the duality of Chinese development aid

Claudia Erenstein (Die Welt)

Is China really a developing country? The world’s second largest economy, it first became the world’s leading exporter of goods, overtaking the US and Germany. Internationally, it is also one of the world’s leading donors of development assistance. However, the Chinese government clings to its status as a developing country at all costs. Which is causing controversy at the United Nations climate conference in Sharm el-Sheikh, Egypt. Therefore, China will position itself depending on the situation, sometimes as a donor and sometimes as a recipient of development aid.

The Climate Conference explored the issue of new financing for “Loss and Damages” for developing countries affected by climate-related disasters. Funding that Chinese representatives refused to provide. they claim that their country…

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Source: Le Figaro

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