Thursday, July 10, 2014

China Issues White Paper on Foreign Aid

China's Information Office of the State Council issued a white paper on foreign aid in July.  It states that from 2010 to 2012, China appropriated about $14 billion in foreign aid globally.  It is not clear that this amount meets the OECD definition of foreign assistance.  More than half of the aid went to 51 African countries.  China also relieved the debt of the following countries: Tanzania, Zambia, Cameroon, Equatorial Guinea, Mali, Togo, Benin, Cote d'Ivoire, and Sudan. 

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