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Expert: The reshaping of global development cooperation with Global South as lead

Beijing will host the third High-Level Meeting of the Global Shared Development Action Forum from April 21 to 22. The China International Development Cooperation Agency, which is convening the meeting, says the forum will focus on scaling up cooperation in emerging sectors and translating this into concrete results. To put the forum into a broader global context, CGTN spoke with Yao Shuai, a senior research fellow at the Institute of International Development Cooperation under the Chinese Academy of International Trade and Economic Cooperation, a research institute under the Chinese Ministry of Commerce. Yao notes that the system of development assistance that took shape after World War II and was further consolidated after the Cold War under Western leadership is now facing disruptive change. Yet no new order has emerged to replace it, resulting in a period of instability, uncertainty, and structural reconfiguration in global development cooperation.

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