South China Morning Post

China’s funding of global development bodies grows ‘over tenfold’ but now more selective

China’s funding of global development institutions has grown more than tenfold since 2010, according to a new report that also says the pace of growth has been slowing recently as financing becomes more selective. China’s annual contributions to multilateral development entities rose from just under US$260 million in 2010 to over US$3 billion in 2024, according to a report published by the Washington-based Centre for Global Development think tank on Thursday. “China appears to be more involved..

By South China Morning Post

1 min read
China’s funding of global development bodies grows ‘over tenfold’ but now more selective
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