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China's Global Finance Footprint 2005–2014: Comparing AidData and CGIT

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  • Salma Ahmed
  • Bruce Rasmussen
  • Peter Sheehan

Abstract

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.

Suggested Citation

  • Salma Ahmed & Bruce Rasmussen & Peter Sheehan, 2022. "China's Global Finance Footprint 2005–2014: Comparing AidData and CGIT," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 55(3), pages 405-416, September.
    • Handle: RePEc:bla:ausecr:v:55:y:2022:i:3:p:405-416
    DOI: 10.1111/1467-8462.12469
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    1. Dreher, Axel & Fuchs, Andreas & Hodler, Roland & Parks, Bradley C. & Raschky, Paul A. & Tierney, Michael J., 2019. "African leaders and the geography of China's foreign assistance," Journal of Development Economics, Elsevier, vol. 140(C), pages 44-71.
    2. Axel Dreher & Andreas Fuchs & Bradley Parks & Austin Strange & Michael J. Tierney, 2021. "Aid, China, and Growth: Evidence from a New Global Development Finance Dataset," American Economic Journal: Economic Policy, American Economic Association, vol. 13(2), pages 135-174, May.
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