Beijing committed to global development
Axel van Trotsenburg, vice-president of development finance with the World Bank, shared his views with China Daily on China's changing role as a global development partner because of its growing stature in an evolving multilateral landscape. In an exclusive interview, he talks about China's increasingly important role on the global stage and its strengthening relations with established multilateral banks through the formation of institutions such as the Asian Infrastructure Investment Bank.
The IDA, or International Development Association, is a fund of the World Bank that provides grants and credits at concessional rates to the poorest countries for projects aimed at alleviating poverty and boosting growth.
Q: How has China's role changed in recent years as an IDA partner?
