China shifts lending to rich nations, with US receiving over $200bn: report

AidData 'debunks myth' that most of Beijing's foreign funding goes to Belt and Road

20251117 AidData

Travelers at John F. Kennedy International Airport in New York: Chinese state-owned entities party financed terminal construction there, along with a host of other projects and corporate acquisitions, according to AidData. © Reuters

CK TAN

TOKYO -- China has ramped up lending and grants to high-income countries rather than developing economies as often assumed, according to a study that shows Beijing's funding activity dovetails with its own priorities like critical minerals and high-tech assets.

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