Chinese President Xi Jinping made a splash at the United Nations two weeks ago when he announced a $2 billion fund to help the world’s poorest countries that could grow to $12 billion dollars by 2030.

That pledge “marks a very significant departure from what China used to do,” says Steve Tsang, head of the School of Contemporary Chinese Studies at Nottingham University in Britain, because Beijing will give the UN a say in how this money is spent.

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