Leonhard Xu

The EU describes China as a "partner, competitor, and systemic rival". After Vance’s speech at the MSC, Trump’s might makes right foreign policy, and US authoritarian tech bros continuous meddling in European elections, perhaps the same tripartheit framing increasingly applies to the US as well...

15.02.2025 01:44 — 👍 4    🔁 1    💬 0    📌 0

The Path to American Authoritarianism What comes after democratic breakdown.

www.foreignaffairs.com/united-state... This is by far the best, clearest and most realistic analysis of what we're in for that I've seen.

12.02.2025 00:18 — 👍 872    🔁 489    💬 49    📌 87

- Under #Trump2.0, bilateral grants and contributions to multilateral organizations are expected to decrease significantly once more. In parallel, we can expect a continued rise in non-concessional bilateral lending that aligns more closely with U.S. strategic interests.

20.12.2024 20:55 — 👍 3    🔁 0    💬 0    📌 0

- Due to the DFC, US non-concessional financial commitments surged from $2 billion in 2018 to $12 billion in 2024 - a sixfold increase in less than a decade.
-> The US is increasingly emulating #China by providing loans that are non-concessional in nature

20.12.2024 20:55 — 👍 4    🔁 0    💬 1    📌 0

- The U.S. Development Finance Corporation (DFC) is transforming the US into a growing lender of first resort. Established under the BUILD Act of 2018, the DFC merged several development finance institutions (OPIC + DCA) into a single and more financially capable agency.

20.12.2024 20:55 — 👍 3    🔁 0    💬 1    📌 0

- During his first term Trump reduced Official Development Assistance (ODA), but cuts were primarily concentrated in multilateral aid
- Reductions in US contributions to #UN agencies under Trump 1.0 were partly offset by European donors

20.12.2024 20:55 — 👍 3    🔁 0    💬 1    📌 0

With just one month to go until #Trump’s return to office, today’s graphics take a closer look at 🇺🇸 #development finance:

20.12.2024 20:55 — 👍 7    🔁 0    💬 1    📌 0

- China's lending peaked in 2016 but remains substantial, it has not “collapsed”!
- In 2020, the EU reclaimed it position as the top development financier. Disbursements have almost doubled since 2014.

15.12.2024 19:05 — 👍 4    🔁 0    💬 0    📌 0

Key takeaways:
- EU was leader in development finance until 2009, when China overtook it to become the largest bilateral lender to developing countries
- China's global lending didn't start with the #BRI in 2013, but has propelled it to new heights

15.12.2024 19:05 — 👍 5    🔁 0    💬 1    📌 0

There are many misconceptions about the state of international #Development finance. I’m launching a small graphical to shed light on the myths and realities of the evolving development finance landscape. Today’s focus: The #EU and #China 🇪🇺🇨🇳

15.12.2024 19:05 — 👍 8    🔁 2    💬 1    📌 0