by Institute for Global Dialogue
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The pledges, made by Chinese President Xi Jinping during his visit to the United States in September, have given an immediate boost to the status of South-South cooperation in general, and to the rapidly growing global role of China.
President Xi first announced that China would set up a China South-South Climate Cooperation Fund to provide 3.1 billion dollars to help developing countries tackle climate change.
Available: http://www.ipsnews.net/2015/11/opinion-chinas-new-south-south-funds-a-global-game-changer/