• Research
  • Emissary
  • About
  • Experts
Carnegie Global logoCarnegie lettermark logo
DemocracyIran
  • Donate
{
  "authors": [
    "Tang Xiaoyang"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "",
  "centers": [
    "Carnegie Endowment for International Peace",
    "Carnegie China"
  ],
  "collections": [
    "China and the Developing World"
  ],
  "englishNewsletterAll": "",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie China",
  "programAffiliation": "",
  "programs": [],
  "projects": [],
  "regions": [
    "Southern, Eastern, and Western Africa",
    "East Asia",
    "China"
  ],
  "topics": [
    "Economy"
  ]
}

Source: Getty

In The Media
Carnegie China

China, Africa, and the PRC’s Massive New Development Bank

Although its initial focus will be Asia, the Asian Infrastructure Investment Bank may eventually broaden its scope to provide development assistance to countries in Africa as well.

Link Copied
By Tang Xiaoyang
Published on Apr 25, 2015

Source: China Africa Project

Fifty-seven countries, including two from Africa, are among the founding members of China’s new development bank, the Asian Infrastructure Investment Bank (AIIB). While the new bank’s primary objective will be developing infrastructure projects in Asia, as its name suggests, there is widespread anticipation (mixed with some hope) that the bank will expand the scope of its work to eventually include Africa and other developing regions.

Carnegie–Tsinghua’s Tang Xiaoyang joined Eric Olander and Cobus van Staden to discuss the AIIB and what implications it could have for development finance in Africa.

This podcast was originally broadcasted by the China Africa Project.

About the Author

Tang Xiaoyang

Former Resident Scholar and Deputy Director, Carnegie-Tsinghua Center; Chair and Professor, Department of International Relations, Tsinghua University

Tang Xiaoyang is the chair and a professor in the Department of International Relations at Tsinghua University. He was a resident scholar and the deputy director at the Carnegie-Tsinghua Center until June 2020.

Tang Xiaoyang
Former Resident Scholar and Deputy Director, Carnegie-Tsinghua Center; Chair and Professor, Department of International Relations, Tsinghua University
Tang Xiaoyang
EconomySouthern, Eastern, and Western AfricaEast AsiaChina

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie Endowment for International Peace

  • Trump walking toward Xi, both with arms extended to shake hands
    Commentary
    Emissary
    The U.S. and China Need an AI Hotline. Here’s How to Build It.

    It should address the shortcomings of previous crisis communication efforts and adapt to the demands of frontier AI.

      • Lucy Luo

      Lucy Luo

  • Research
    China’s Construction of Police Training Facilities in Global South Likely to Expand Global Security Leadership

    China’s police training infrastructure construction projects provide benefits to recipient countries, promote China’s image as a major global security provider, and are likely to reinforce alignment between Beijing’s security priorities and those of countries in the Global South.

      • Sheena Chestnut Greitens
      • +2

      Cameron Waltz, Sheena Chestnut Greitens, Kim Nguyen, …

  • Two men sitting on a stage and speaking
    Commentary
    Emissary
    What Would Need to Happen to Slow AI Development?

    AI capabilities are moving fast. Most institutions—including governments—can’t keep up.

      • Anton Leicht

      Anton Leicht, Scott Singer

  • hands holding semiconductors in production
    Commentary
    BIS in the New Age of Import Controls

    The Bureau of Industry and Security needs to adjust its focus and practices to maintain its position as the U.S. government’s primary champion of international technological competition.

      • Geoffrey Irving

      Geoffrey Irving

  • Commentary
    Carnegie Politika
    The Kremlin Can No Longer Postpone Hard Economic Decisions

    Depleted financial reserves and a shrinking tax base mean it is no longer possible to simultaneously deliver high defense spending, price stability, and economic growth.

      Alexandra Prokopenko

Get more news and analysis from
Carnegie Endowment for International Peace
Carnegie global logo, stacked
1779 Massachusetts Avenue NWWashington, DC, 20036-2103Phone: 202 483 7600
  • Research
  • Emissary
  • About
  • Experts
  • Donate
  • Programs
  • Events
  • Blogs
  • Podcasts
  • Contact
  • Annual Reports
  • Careers
  • Privacy
  • For Media
  • Government Resources
Get more news and analysis from
Carnegie Endowment for International Peace
© 2026 Carnegie Endowment for International Peace. All rights reserved.