With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
How China is Transforming Africa Into "New World Factory" (Tech2)
May 31, 2018
China's decade-long assistance to Africa has yielded tangible results with thousands of kilometers of new railroads and dozens of ports, airports and power plants built because of Beijing's investment projects. According to some researchers, Africa can emerge as a new world power.
While figures related to China's assistance for Africa's development launched by Beijing appear to be relatively low, a US research institute, the Center for Global Development, revealed that in 2000-2016, Beijing's aid was in fact much higher than officially declared. In fact, it almost reached the level of the USA. UU – $ 75 billion – if the country's projects in the field of health, education and culture are taken into account.