China funnels its overseas aid money into political leaders’ home provinces

China funnels its overseas aid money into political leaders’ home provinces - short news


Schools, stadiums or airports help the presidents of countries that receive cash from Beijing tighten their grip on power

China’s financing of overseas projects has disproportionately benefited the core political supporters of incumbent presidents or prime ministers of those countries that receive the funds, according to a new book.

During the 20th century, China was mostly known as a recipient of international development finance. Its overseas development programme was modest..


Read more on The Guardian

source: The Guardian - 29.05.2022

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