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E-book A Cautious New Approach
he first statement above is extracted from an interview with China’s incumbent ambassador to the United States (US), former Vice Foreign Minister Cui Tiankai, at the 24th Post Pacific Islands Forum Dialogue in Auckland in August 2012 (Liu & Huang, 2012). The second statement is taken from the outcome list of the eighth China–US Strategic and Economic Dialogue held in Beijing in June 2016 (Xinhua, 2016). A comparison of these two quotations, both representing China’s official discourse, reveals a puzzling message. While insisting that there are substantial differences between Chinese foreign aid and Western aid, China is now committed to conducting development cooperation with the US. Notable questions follow immediately: Why is China willing to work with the US on aid delivery when the rivalry between the two is becoming more visible (e.g. in Asia and the Pacific)? What are China’s attitudes towards cooperation with other traditional donor states and United Nations (UN) agencies? Is cooperation becoming a common phenomenon between China and traditional donors in the development realm? Some may argue that China has adopted reform and opening-up policies since the 1970s and that its relationship with Western nations has already been greatly improved. However, this argument is too general. It can neither explain why China conducts cooperation with Western nations in some areas rather than others, nor why China and Western nations will cooperate in the area of aid delivery while mutual mistrust lingers. These questions outlay the research theme of this book: Chinese foreign aid, especially trilateral aid cooperation.China’s growing strength is the backdrop of its expanding foreign aid scheme. China has presently become a recurring topic in the media, in academic research and even in daily life in the West. The world’s most populous developing nation is striving to reclaim the glory that it seemingly lost fewer than 200 years ago. According to some estimates, China was the world’s largest economy until the middle of the nineteenth century, boasting an economy that was nearly 30 per cent larger than that of Western Europe and its Western offshoots combined in 1820 (Maddison, 2006, p. 119).Currently benefiting from its impressive economic growth in the previous four decades, China’s re-emergence as a world power is increasingly felt in the international arena. In 2010, China overtook Japan as the second-largest economy. Initiatives such as the Asian Monetary Fund, the Chiang Mai Initiative/ASEAN+3 Macroeconomic Research Office and the Asian Infrastructure Investment Bank (AIIB) are often used as illustrative examples of the dynamic power shifts that have occurred from Japan to China in regional financial influence (Hamanaka, 2016, p. 4). The International Monetary Fund has estimated that China’s gross domestic product (GDP) rate has surpassed that of the US in 2014, based on purchasing power parity; it has also predicted that if current trajectories continue, then the GDP rate will be 20 per cent higher than that of the US by 2020 (Carter, 2014).
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