China is still officially an emerging market, but at the same time, it is the world’s largest donor in development cooperation. It lends enormous sums, especially in the scope of the New Silk Road. However, the details of the cash flows are shockingly unclear. “Even Chinese state actors usually can’t see the whole picture,” says development economist Brad Parks of AidData, a research group that conducts data research on development aid. Parks presented his group’s latest research findings at an event hosted by the Institute for the World Economy (IfW) on Thursday.
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