News Summary

• Development finance flows to the region have fallen to their lowest level in a decade.
• China is shifting to smaller projects, while becoming more selective about what it funds.
• There are concerns that organisations like the World Bank could be overstretched as countries continue to withdraw funding.
• US aid cuts not yet fully seen, according to the Lowy Institute's report.
• The region is increasingly vulnerable to shocks from climate change, and from crises like the war in Iran.