Is China's Economic Slowdown Going to Have an Impact on GdI?

China’s Global Development Initiative (GDI) was launched by President Xi Jinping on September 21, 2021. In a speech at the General Debate of the 76th Session of the UN General Assembly, Xi stated that, in the face of the severe shocks of the coronavirus pandemic, the world needed to work together to steer global development toward a new stage of balanced, coordinated, and inclusive growth. The GDI was meant to achieve those objectives as well as the United Nations' 2030 Agenda for Sustainable Development. A Group of Friends of the GDI was launched at the UN in January, and more than 55 countries have joined it to date.

In today’s episode of China Global, Bonnie Glaser speaks with Dr. Yu Jie to discuss the GDI, which like most PRC initiatives, began as a bumper sticker and was described using vague and abstract language. Dr. Yu is a senior research fellow on China in the Asia-Pacific Program at Chatham House in London.

[1:26] Beijing’s Objectives

[5:54] GDI's Relation to the BRI

[7:34] China's Resources into GDI

[10:31] UN 2030 Agenda for Sustainable Development

[14:06] Group of Friends of the GDI and Interested Countries

[20:04] Origin of the GDI