There is a lot of talk right now, at the occasion of the annual BRICS summit held today and tomorrow in Durban (South Africa), about China´s development impact. It may be useful to go through the slides that I was given the opportunity to present at LSE earlier this month. The evidence assembled in those slides show that China may be selfish, but that does not matter. (Actually, it is better to rely on selfish motives than on good-doing and altruism: such a motivation is more sustainable). China is a poverty reduction machine, not just at home but also in other poor countries.