May 2, 2013
China challenges US in aid to Africa
A new study shows that China has spent 75 billion dollars (57 billion euros) on foreign aid to Africa in the past decade. According to the Centre for Global Development, a Washington-based NGO, and researchers at AidData, Beijing launched more than 1,600 projects in Africa. China does not publish its foreign aid figures. But researchers say that the Chinese are sending almost as much money to Africa as the Americans are.
