China’s Foreign Aid and Investment Diplomacy, Volume I: by John F. Copper

By John F. Copper

This three-volume paintings is the 1st complete examine of China's overseas relief and funding international relations to track its evolution because the founding of PRC in 1949. quantity I examines the definitions, origins, nature, and scope of China's overseas reduction and funding and indicates that China has a extra salient background of giving than the other country.

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Additional resources for China’s Foreign Aid and Investment Diplomacy, Volume I: Nature, Scope, and Origins

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134 However, China increased its emergency aid donations and its funding to some United Nations’ programs. Both gained China favorable publicity for its aid program at a fairly low cost. 135 Some aid projects, especially smaller ones, were retained. In short, China planned to continue giving aid, but at a much lesser expense. 136 In the late 1980s, China’s foreign aid giving was put back on track. Then and through the 1990s, China’s financial help to developing countries grew. China had by then become a rich (at least richer) country.

During the subsequent avian flu crisis, China hosted a conference on the crisis and donated $10 million. 157 In the late 1990s, China changed its stance on giving foreign aid through multilateral institutions, including the United Nations. 158 In 1997, Chinese officials decided to join UN standby arrangements for peacekeeping. 162 In 2009, the Chinese media reported that China had contributed a total of 13,000 peacekeepers; there were currently almost 2,000 serving in 14 countries—constituting the sixth-largest number of any country in the world.

China had done this during period one of its aid giving; but in period two it did this much more—in amounts over several billions of dollars. As we will see in forthcoming chapters China subsequently cancelled debts worth much more. China also extended considerable financial help to relieve trade imbalances and for budget support and negotiated currency swaps in large amounts, billions, to a number of nations that were in trouble financially. Meanwhile, China began to show a new confidence about its foreign assistance.

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