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Using data on Chinese large-scale overseas investment and project contracts by sector, we analyze whether Chinese outward activity (COA) before the crisis worsened or alleviated the contractionary phases in developing countries. We find that, on average, COA did not increase vulnerability to the...
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"Today, by many accounts, China is the world's foremost purveyor of foreign aid and foreign investment to developing … countries. This is the product of China's miracle economic growth over a period of more than three decades, together with China …-volume work is the first comprehensive study of China's aid and investment strategy to trace how it has evolved since Beijing …
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