The First Tranche

Welcome to the First Tranche, the AidData blog--a forum for analysis and discussion of information about development finance, and how it can be used to improve development practice and research. The First Tranche publishes independent views and analysis from a variety of bloggers who are interested in aid transparency, aid effectiveness, and better/more accessible aid information.
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Wednesday, June 23, 2010

China Round-Up 06/24/10

This week in the China Round-Up:

China delivers 20 tons of humanitarian assistance to Osh as the crisis in Kyrgyzstan continues to unfold.
The Bangladeshi foreign minister expects a commitment of $40 million RMB in grant assistance during the visit of Chinese vice president Xi Jinping
The Sri Lankan Ministry of Defence reports that China offers $200 million USD for the second construction phase of the Hambantota deep water port. The Eurasia Review fills in details, the loan is coming from EXIM, on top of an earlier loan of $360 million USD.
The China Development Bank commits a $100 million USD loan to Bangladesh for development of its telecommunications network.
EXIM loans Fiji's Public Rental Board $20 million USD for public housing.

Finally, China's most important international contribution of the year? Definitely the vuvuzela. That's right, apparently 90% of the horns that are giving the 2010 World Cup it's distinctive buzz are produced in Guangdong and Zhejiang.

The China Round-Up is a weekly review of China's foreign aid and state-directed investment projects in developing countries.

Monday, June 14, 2010

The China Round-Up

Here at AidData, we're constantly pursuing new sources of data on emerging and non-traditional donors outside the OECD-DAC. Obviously, one of the most important new players in international development is China. As we mentioned a couple weeks ago, Chinese aid has important ramifications for donors and recipient countries alike. While we've already gathered a significant amount of data on Chinese aid from 1990-2005, we're continuing to think creatively about how we can gather more information on China's international development activities. We'll be tracking news stories, blog postings, and official reports on Chinese aid and investment projects week by week here on The First Tranche. Without further ado, here's what happened in the last week on Chinese development finance.

The China Development Bank offers the Bolivian government a $15 billion loan to develop the El Mutun iron ore deposit. The work will be done by a joint venture company between Chung Hsing Mining and a Bolivian government corporation
China's EXIM Bank is loaning Ecuador over $1.5 billion to construct the Central Coca Codo Sinclaire hydroelectric plant. Sinohydro, a Chinese company involved in numerous other hydroelectric ventures in Africa and Latin America, will take the lead on this venture.
The Ministry of Commerce is providing a grant of $2.9 million to Armenia for "technical-economic cooperation projects"
China signs cooperation agreements with Sri Lanka and Kazakhstan
Chinese food aid to Nepal is stranded at the border, where the Nepali government is apparently ignoring the shipment
Meanwhile, over at Forbes' The China Tracker, Ray Tsuchiyama highlights the human resource boom that will develop as scholarship programs educate thousands of African students in Chinese universities and technical schools.

Finally, despite all the objections raised to China's use of Chinese workers in investment and aid projects, here's a picture of Tanzanian builders working on a Chinese financed agricultural demonstration center.

[Source: Xinhua]

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