China’s Energy Financing in Southeast Asia: Examining Its Public Goods Approach

Abstract

This article aims to assess the motivations, modifications and impacts of China’s public goods approach by studying its energy financing in Southeast Asia. It argues that China’s public goods approach of energy financing will help improve financing performance through sustainable development and multilateral cooperation. However, the approach is constrained by the lack of trust from the region, incompatible standards between China and other Western practices, and growing securitisation by the United States on Chinese economic activities.