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China's Global Finance Footprint 2005–2014: Comparing AidData and CGIT
Author(s) -
Ahmed Salma,
Rasmussen Bruce,
Sheehan Peter
Publication year - 2022
Publication title -
australian economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.308
H-Index - 29
eISSN - 1467-8462
pISSN - 0004-9018
DOI - 10.1111/1467-8462.12469
Subject(s) - china , investment (military) , foreign direct investment , footprint , locality , chinese economy , finance , economics , business , political science , geography , macroeconomics , linguistics , philosophy , archaeology , politics , law
The growth of Chinese global official finance has stimulated great interest among foreign aid advocates. Yet, until now, a lack of systematic data reporting has limited our understanding of Chinese official finance. Against this background, this article describes and compares two internationally comparable Chinese datasets from 2005 to 2014: AidData and the China Global Investment Tracker (CGIT). This study summarises China's priority areas of investment and the actual volume of Chinese finance, including a breakdown of these estimates by region and sector. Despite significant disparities between the two databases, this study shows that Chinese investment preferences in terms of locality and priority sectors are broadly consistent with the existing pattern.