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Could US aid cuts open opportunities for China to expand global influence?

Business Standard LogoBusiness Standard2d ago

Could US aid cuts open opportunities for China to expand global influence? - Business Standard

Quick Summary:

Experts argue that while China may not entirely replace the US in foreign aid, Beijing stands to benefit from Washington’s retreat.

AidData, a research institute at William & Mary University, reports that between 2000 and 2021, China spent approximately $1.34 trillion on 18,000 overseas development projects, averaging around $61 billion annually.

Could US aid cuts open opportunities for China to expand global influence?


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 14:09:45 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 752 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26289165

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 140 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://beamstart.com/news/could-us-aid-cuts-open-17400419782748

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