China’s ‘Innovative and Pragmatic’ Foreign Aid: Shaped by and now Shaping Globalisation

Johnston, Lauren A.; Rudyak, Marina

doi:10.22459/cnseg.07.2017.19

Cited by 21 publications

(12 citation statements)

References 12 publications

(15 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…As China's economic policies mobilised resources for rapid economic expansion at home -complemented by aid from Japan and Western nations -China also expanded its international investment and foreign aid. Deng Xiaoping underscored the concept of 'mutual development' and 'mutual benefit', situating foreign aid as a tool in its foreign policy (Johnston and Rudyak 2017). In accordance with the shift from a centralised planned economy to a socialist market economy, economic rationality, fiscal affordability, and long-term impacts on recipient countries began to guide the provision of development assistance.…”

Section: Transformationmentioning

confidence: 99%

Mutual Learning in Development Cooperation: China and the West

Jin

Due

2021

IDS Bulletin

View full text Add to dashboard Cite

This article looks at some of the characteristics of China’s foreign aid system and its development over the years. It discusses China’s foreign aid based on its own development experiences and its view of South–South development cooperation. Both the modalities and narratives of China’s international development cooperation need to be considered in order to better understand the complexities, strengths, and weaknesses of its aid system. As China’s international aid continues to grow and become more prominent, particularly in the context of the Belt and Road Initiative, the article calls for a deeper understanding of China’s aid institutions and the need for greater cooperation and capacity building.

show abstract

Section: Transformationmentioning

confidence: 99%

Mutual Learning in Development Cooperation: China and the West

Jin

Due

2021

IDS Bulletin

View full text Add to dashboard Cite

show abstract

“…The idea of "mutual benefit", or "mutual interest" , has a long history in development cooperation and is anchored in South-South cooperation and Chinese foreign aid. In the Bandung Conference of African and Asian states in 1955, participants endorsed five principles of peaceful coexistenceincluding the principle of equality and mutual benefit-which has its roots in the Soviet aid model (Johnston and Rudyak 2017). In 1964, Chinese Premier Zhou Enlai laid out eight principles for "China's Aid to Third World Countries", which again included "equality and mutual benefit" as the first principle.…”

Section: Mutual Benefitmentioning

confidence: 99%

Conceptualising Ideational Convergence of China and OECD Donors: Coalition Magnets in Development Cooperation

Janus

Tang

2020

The Palgrave Handbook of Development Cooperation for Achieving the 2030 Agenda

View full text Add to dashboard Cite

This chapter analyses the development discourse on foreign aid to explore areas of convergence between the Organisation for Economic Co-operation and Development (OECD)’s Development Assistance Committee (DAC) donors and Chinese development cooperation. We apply the concept of “coalition magnets”—the capacity of an idea to appeal to a diverse set of individuals and groups, and to be used strategically by policy entrepreneurs to frame interests, mobilise support, and build coalitions. Three coalition magnets are identified: mutual benefit, development results, and the 2030 Agenda. The chapter finds that coalition magnets can be used to influence political change and concludes that applying a discursive approach provides a new conceptual opportunity for fostering closer engagement between OECD-DAC and Chinese development cooperation actors.

show abstract

“…China's own experience of concessional lending, starting with the Soviet Union as creditor, followed by Japan and the West, helps to shape its own emerging approach to outbound lending. An overview of that evolution is offered here, with focus given to transition points that elucidate current and future understanding of prospective directions of the BRI, and in particular, China's own development finance agenda (Ref: This section draws on Johnston and Rudyak () and continues to pay particular attention to the case of Africa.…”

Section: The Bri and China's Foreign Aidmentioning

confidence: 99%

The Belt and Road Initiative: What is in it for China?

Johnston

2018

Asia & Pacific Policy Stud

View full text Add to dashboard Cite

China's outbound investment exceeded inbound investment for the first time in 2015. In years leading up this transition, a maturing demographic transition alongside slowing internal migration and diminishing returns to physical capital investment, all had a role in China's diminished competitiveness in low-wage manufactured exports and the fading of the related growth model. In that context, the 2013 launch of the Belt and Road Initiative (BRI) took place in two stages in two developing countries, Kazakhstan and Indonesia. These launch choices, and the BRI in general are herein elaboratedin terms of economic history, geography, and demography. The BRI in turn is considered to be aiming to foster the ongoing development of China, and in doing so also seeks to instigate new era development opportunity for other developing countries. One facilitation channel for the latter is China's concept of "patient capital," essentially concessional capital, or foreign aid. For China that offers a means via which to internationalise the financial sector and also the Renminbi. Lessons from China's own use of foreign aid and economic development hence serve as an important reference for ongoing scoping of the shape and trajectory of the BRI. To that end, this article sheds light on what is in the BRI for China. ---This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made.

show abstract

China’s ‘Innovative and Pragmatic’ Foreign Aid: Shaped by and now Shaping Globalisation

Cited by 21 publications

References 12 publications

Mutual Learning in Development Cooperation: China and the West

Mutual Learning in Development Cooperation: China and the West

Conceptualising Ideational Convergence of China and OECD Donors: Coalition Magnets in Development Cooperation

The Belt and Road Initiative: What is in it for China?

Contact Info

Product

Resources

About