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Charles Wolf: The Strategy Behind China's Aid Expansion


Between 2001 and 2011, China's pledged foreign aid was $671 billion. In 2001, China spent roughly $1.7 billion on foreign aid. By 2011, the annual foreign-aid figure had risen to $189.3 billion. Part of the increase reflects the growth in China's economy. But this is an increase with a purpose, and China's foreign-aid programs are as

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Posted: October 8, 2013 Tuesday 07:13 PM