Since recognizing the People's Republic of China in 2008, Malawi has expanded its partnership with China, which has financed major infrastructure projects including the Parliament Building, the Bingu National Stadium, roads, and the Malawi University of Science and Technology.
At the same time, Western governments and Bretton Woods institutions such as the IMF and World Bank have remained Malawi's principal sources of budgetary support, concessional lending, debt restructuring, and technical assistance.