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China’s Foreign Aid Reform

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Chapter Summary

China is not an emerging donor. Its foreign aid "has as deep a history and as broad a range of experiences as any of that established in the West". The history of China's foreign aid may be divided largely into three major periods. The first starts with the foundation of the People's Republic of China after the World War II, the second covers the period from the Reform and Open-door Policy in 1978 to the end of last century and the third starts with the dawn of new century. China's foreign aid system, after adjustment in policy, ways, system and organization, has become more complicated and diversified in both form and main players. These changes have brought about silent changes to China's foreign relations, possibly even causing unexpected impact and repercussion. China's foreign aid mirrors the specific national conditions of China as a socialist developing country.

Keywords: China; foreign aid reform



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