One of the most profound transformations of global finance in our time is China’s rise. What truly epitomizes the country’s surge in preeminence is the globalization of Chinese energy finance , for it is in this sector that China has outshined all other players. This chapter thus poses the research question: Why has China become the largest global finance of energy through its two policy banks—China Development Bank (CDB) and China Export and Import Bank (CHEXIM)? Understanding this question carries major implications for policy and theory. However, the literature on China’s global energy finance has little to say about why China has globalized its energy finance and energy firms through CDB and CHEXIM. This chapter lays out how the book aims to fill the lacuna and answer why China has globalized its Official development finance (ODF) for energy through CDB and CHEXIM at the beginning of the twenty-first century.


Development finance Official development finance (ODF) China Development Bank (CDB) China Export and Import Bank (CHEXIM) 


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© The Author(s) 2019

Authors and Affiliations

  1. 1.ConocoPhillips Petroleum Chair in Chinese and Asian Studies David L. Boren College of International StudiesUniversity of OklahomaNormanUSA

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