Saturday, September 25, 2010

China rises and rises, yet still gets foreign aid (AP)

 

In this photo taken Sept. 23, 2010, a security guard stands guard outside a luxury shopping center in downtown Beijing. China, now the world's second largest economy, spent tens of billions of dollars on a dazzling Beijing Olympics in 2008 and has sent astronauts into space. Yet it also remains a major recipient of foreign aid, a fact that a growing number of taxpayers and lawmakers in donor countries are questioning. (AP Photo/Alexander F. Yuan)AP - China spent tens of billions of dollars on a dazzling 2008 Olympics. It has sent astronauts into space. It recently became the world's second largest economy. Yet it gets more than $2.5 billion a year in foreign government aid - and taxpayers and lawmakers in donor countries are increasingly asking why.

China rises and rises, yet still gets foreign aid (AP)
Sat, 25 Sep 2010 17:56:09 GMT

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