Draft of the Measures for the Administration of Foreign Aid

The CIDCA has published a Draft of the Measures for the Administration of Foreign Aid
Asiallians China Legal Update, 16 novembre 2018

On November 13th, 2018, the China International Development Cooperation Agency (“CIDCA”) has published a draft on the Administration of Foreign Aid (“The Draft”) open to comments until December 12th, 2018.

The Draft is composed of 43 articles spread through 7 chapters. It tackles the questions of foreign aid and policy planning, the management of foreign aid funds, the implementation of foreign aid management, the supervision and assessment of foreign aid and legal liabilities. The text distinguishes three categories of aid funds, the free aid, interest-free loans and concessional loans. The foreign aid will be classified according to its size and usage.

China’s aid spending isn’t public. However, according to a report by AidData, a research lab based at the College of William & Mary, the country would have spent USD 354.3 billion between 2000 and 2014, slightly less than the USA. On an annual basis China would now outspend the USA. A lot of China’s aid is now given through infrastructure investments in the One Belt One Road countries. Earlier this year, during the 2018 Forum on China-Africa Cooperation, China pledged USD 60 billion of aid for the continent in the next three years.

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Marina Rudyak en donne une traduction en anglais à http://china-aid-blog.com/2018/11/20/...