• 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

  • Abstract image of China and AI
    Article
    China’s Pivot on Global AI

    Beijing’s AI diplomacy is pivoting from infrastructure and associated technical standards toward a more comprehensive effort aimed at recrafting global norms and institutions of AI governance.

      Arindrajit Basu

  • Article
    India–Africa Strategic Partnership: Challenges, Potential, and Possible Pathways

    A partnership between India, a country of subcontinental size, and Africa, a continent of fifty-four countries, may seem asymmetric until one notes that both are home to nearly the same number of people—1.4 billion. This essay spells out the existing challenges to the partnership, its optimal potential, and the possible pathways to realize it over the next quarter-century.

      Rajiv Bhatia

  • wide shot of the city of Dakar by the water
    Commentary
    Senegal: An Island of Resilience

    During our visit, we observed a democracy that has learned from its difficult past and is working toward an even more dynamic future.

      • Sarah Yerkes

      Sarah Yerkes, Natalie Triche

  • Commentary
    Carnegie Politika
    In Russia, Private Companies Have Been Left to Pick Up the Tab for Ukrainian Drone Attacks

    The cost of air defense has become an unregistered tax on revenue for businesses. While military rents are consolidated in the federal budget, the costs of defense are being spread across the balance sheets of companies and regional governments.

      Alexandra Prokopenko

  • San Francisco Skyline
    Paper
    California’s Global Trade Cities: Driving Local and National Outcomes

    Cities across the United States facilitate investment in American communities. Yet, because global attention remains focused on U.S. trade policy, their distinctive and bold local approaches to international trade and investment promotion are often underappreciated.

      • Wyatt Frank
      • Marissa Jordan

      Wyatt Frank, Marissa Jordan

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.