In 10 charts: China’s growing clout at World Bank, major global institutions
NEW DELHI: China has drastically increased its financial clout in many major global institutions and funds over the last decade, a Washington-based think-tank said in its recent report.
With over $66 billion in total capital, China has surpassed Japan to become the second-largest contributor to the sy em of development banks that provide some $200 billion in subsidized loans to poor countries each year, the Center for Global Development (CGD) said in its report ‘Map China’s Rise in the Multilateral Sy em’.
The report said that China, the world’s second largest economy after the United States, is the fifth largest overall donor across the range of United Nations agencies focused on development, including the UN Development Program, World Food Program, and World Health Organization.
At the same time, China is also a top recipient of aid from multilateral financial institutions like the World Bank, the report said, even as it has gained voting power and leadership roles within them.
The think-tank said that China’s role as a major donor, shareholder, aid recipient and commercial partner of international institutions gives it “uniquely influential position”. In all, the report took a detailed look at China’s role at as many as 76 global institutions.
India is gas with awe and jealousy, but poor Indians can’t do nothing. India shouted loudly it deserves UNSC permanent seat with veto but it only gave UN 132M in 2021 vs billions by others. Ch India should focus on how to improve Indian lives first, then try to be a bigger fish in UN
Don’t try to compare India with China. It is foolish to compare a mouse with a lion. We don’t have to be a lion. Just don’t try to compare. China is a superpower and the dragon has taken over the world. We are still comparable to Pakistan. We keep comparing our selves with China and get disappointed
Dear paki leftist, Please try to read and understand , this piece is not suitable for your vomitting.it says china is begger no.1. Ref 2019. And also india is biggest contributor to un peace kee force, india is founder of international solar alliance, india is part of quad, india is regaining its place in the planet earth that is first position.
Latest international reports say China already exceeds US in wealth. So, China begs from whom? Besides, all your listing are self-praising bull of Indians
If one were to list the achievements of China, you’ll need to eat some gobarr to calm yourself down. You won’t be able to handle it.
Come out of your myopic mindset. All across India is being compared to China only, except by pseudo intellects in home
All across where ? Here in US.. No one with a sane mind compares India with China here.. China is way ahead ..China is seen as a rival.. India at best a pential sidekick !Stop living in delusion..Now that this doesn’t mean India can grow rapidly.. But with your delusional attitude it can;’t.. I need lot of hard work rather than day dreaming like you
Keep dreaming and self-praising
I checked: Millions Indians are still defecating in the open, on rail tracks in Delhi and Mumbai. Go verify it for yourself or smell it miles away.
Very Well Said !! Indians have an extremely God-Given Quality called Envy. If they cannot ( and will never) achieve what China has they will do Black Magic, like it is doe
China will kill democracies slowly and steadily in next 10 years,
Biggest blunder by USA which aided China in its growth till Trump came along. This is a totally rogue nation which should be thrown out and boycotted from international community.
As long as the caste and mob based po itics commands everything in India, plz expect no major reforms. And hence we can only sit and watch others growing. No matter how bad it sounds, but India really needs a good dic or now. Someone who doesn’t have to think of ions before floating a policy for the nation.
Or we could just kick out cowbelt from the union. India will develop much faster without their sanghi po itics
All because they don’t have fake image PM. Time to wake up ag inst China before it’s too late, these Co unists are same like Taliban who rule on gunpoint.
Chinese bubble will burst in some time. Just wait and watch.
Lol. Been hearing that bubble story since at least a decade. It isn’t happening.
india must join China and become an integral part of China……
It will happen eventually. Give it time. The Chinese will keep taking territory and Feku will keep denying it.
Nah, who needs dirty and poor India? Let Indians boast themselves to death It would be more sensible solution.
coorked chinese are masters of circumventing the rules and occupy posts, land and oppurtunities illegally. China has to be thrown out of the world order , global trade and international financial sy ems
Lol. None of that is happening. Get real.
After 7 years of Pheku’s “governance”, where is India’s Clout ?? Pathetically it is much Worser than Khangress times’ clout.
Modi Is Scared Of China
The sun never sets on the Chinese Empire
We dream of competing with China. lol, the biggest joke of the century!! What they have achieved in three decades we can and never will ever achieve in three centuries! That is the sad fact of what are and will remain as a nation, divided, corrupt, poverty-stricken etc. !!
Anoop T Raju
just put a full stop on Chinese imports
Us for its greed for ch salve chinese labor brought China on mainstream by inducting it in UN with veto power . The result is for everyone to see.
We gave away offer from US for UNSC in favour of China. We decimated farm laws for ves. We are a nation of fools and result is obvious.
Not only a nation of fools but also a nation of liars. US never offered India any UNSC seat. Stop fooling yourself
Its ok. Let China have its turn. New India under Modi ji will surpass China and be no. 1 by 2070. We just need to chant JSR 3 times everyday.
Seeing China’s quiet and strident growth over the recent decades makes India look like a pathetic and despairing State.
Anoop T Raju
who cares ..why our govt is hesitant in banning Chinese goods..
China’s progress/development/aggression need to be curtailed.
china will prevail as no one is ready to take challenge of standing ag inst them .usa knows in a coming decade they will be left far behind by China in every field..taking India’s support is a hig
Well, it’s an open secret that US created China’s miracle economy, turning its moribund economy of this most brutal,