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ABC News
ABC News
Business
foreign affairs reporter Stephen Dziedzic

New Lowy South-East Asia Aid Map finds China overtaken as largest provider of development money in region

A number of projects funded with Chinese money such as the Jakarta-Bandung High Speed Railway in Indonesia have encountered issues.  (Reuters: Willy Kurniawan)

New research has found China has surrendered its position as the largest single provider of development finance in South-East Asia in the wake of the COVID-19 pandemic.

The Lowy Institute has unveiled its first South-East Asia Aid Map, which tracks financing for more than 100,000 development projects funded by almost 100 countries and international organisations between 2015 and 2021.

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