China

China is characterized by high prefiscal overall, urban-rural and regional inequality. Applying standard fiscal incidence analysis, we estimate the redistributive effect of taxes and social spending on income distribution and poverty.

We highlight a lesser known consequence of China’s growth and integration into the world economy in relation to the United States: the rise of services trade. We demonstrate that the US’s trade deficit in goods cycle back as a surplus in exports of education services. Focusing on China’s accession t...

This note aims to help recipient countries understand Chinese aid management and structures by providing an overview of those structures and what they mean for the future of aid from China. The note takes into account two key shifts in Chinese aid management in recent years: the formation of CIDCA, ...

This policy paper aims to fill this gap by shedding light on China’s global impact “from the bottom up.” The paper uses three rounds of data submitted since 2014 by countries receiving Chinese aid to a process known as the “Global Partnership for Effective Development Cooperation.” To supplemen...

On May 8, 2020, CGD senior fellow Scott Morris testified before the U.S.-China Economic and Security Review Commission on China in Africa. Morris's testimony focused on China’s lending to sub-Saharan African countries, how it affects the debt picture on the continent, and how the US government can r...

Over the past two decades, China has become a major global lender, with outstanding debt claims from direct loans and trade advances alone exceeding 1.5 percent of world GDP. This surge in lending has financed many projects in infrastructure, mining, and energy. The problem is that there is little o...