China Says Pacific Aid Has No Political Strings

One America News Network | 4/22/2008 | Staff
Click For Photo: https://d2pggiv3o55wnc.cloudfront.net/oann/wp-content/uploads/2018/08/2018-08-10T095055Z_1_LYNXMPEE790KD_RTROPTP_0_OLYMPICS-TORCH_1.jpg

BEIJING (Reuters) – China’s aid to countries in the Pacific has no political strings attached and is not aimed at any third party, the country’s foreign ministry said on Friday, after a think-tank said China has become the second-largest aid donor in the South Pacific.

China’s $1.3 billon-worth of donations and concessionary loans since 2011 trails Australia’s $6.6 billion, figures compiled by Australia’s Lowy Institute show, but it is more than New Zealand’s $1.2 billion.

Spending - China - Neighbors - Island - Building

Spending by China, criticized by many of its neighbors for island building in the South China Sea, is almost 9 percent of total aid donations in the South Pacific. If pledged aid is included, China’s promises total $5.9 billion, or nearly a third of all aid pledged to the region’s 14 countries by 62 donors.

“As a developing country, China fully understands the special difficulty Pacific island countries face in achieving sustainable development,” the ministry said in a statement sent to Reuters.

China - Basis - Wishes - Island - Nations

China “provides what aid it can on the basis of respecting the wishes of the island nations without attaching any political conditions, vigorously promoting socio-economic...
(Excerpt) Read more at: One America News Network
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!