CHINA’S EVOLVING 62 APPROACH TO FOREIGN AID - jingdong yuan, fei su and

The authors highlight some of the key milestones in its evolution, explain some of the key drivers behind the changes and continuity, and identify and discuss the challenges that China faces as its involvement in international development cooperation deepens. [...] The introduction of a market oriented approach in its domestic economic reform was integrated into its approach to providing aid to recipient countries—with more conditions concerning trade and contracting for projects.35 The introduction of preferential loans was the result of a series of foreign aid reforms in the mid 1990s to increase the total amount of capital available for aid.36 These types. [...] Chinese foreign ministers begin each year with visits to African countries—a long term tradition since the 1980s.48 Indeed, the growing influence of China over the continent is indicated by the increased frequency of visits of African leaders to China since the 1990s: from 9 in the period 1990–99 to 47 in 2000–2009 and 172 in 2010–19.49 The latter figure surpassed the 83 visits of African leaders. [...] Chinese aid reorganization From the early 1950s until the establishment in 2018 of the China International Development Cooperation Agency (CIDCA), at least 30 different ministries and agencies were involved in China’s foreign aid programme, with the Department of Foreign Aid in the Ministry of Commerce (MOFCOM) as the key agency.80 This largely de centralized approach to foreign aid was bound to r. [...] Likewise, the EU and China share interests in maintaining peace and stability in the Horn of Africa, which is crucial for sustainable economic development in a vital part of the continent.116 In that regard, working together would allow the EU and China to complement each other and achieve goals they set for themselves that benefit Africa.117 Another development in trilateral cooperation has been.