The article makes the point that Chinese loans and investments are typically made in exchange for securing access to natural resources.? Based on its principles of nonintervention and respect for sovereignty, "China gives this money with little or no strings attached."? The author argues that the Chinese model is a legitimate challenger to Western aid.
While the article contains some annoying imprecision as it intermingles investment, loans and aid, it does offer a useful juxtaposition of the so-called Washington and Beijing Consensus models.?
Source: http://davidshinn.blogspot.com/2013/02/chinese-vs-western-development-model-in.html
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