China's Overseas Development Financing Is Different From the US

In an average year in the beldan road era, china spends about 85 billion dollars on overseas development projects. As a point of comparison, the us. Spends less than half that amount, about 37 billion dollars year. China issues nine dollars of debt for every one dollar of aid that it provides to lo incam and middleingham countries. And by contrast, international development finance is overwhelmingly provided through aid.