How China is set to trump the US on aid
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Updated: Oct 15, 2017, 03.19 PM IST

AID DISTRIBUTION
In 15 years, China distributed aid worth $340 billion to 140 countries across six geographic regions. And has covered 4,300 projects.
CHINA STANDS SECOND ONLY TO THE US
* Between 2000-2014, China disbursed $354.3bn in aid.
* 21 per cent of China's spend is on aid or grants, and 79 per cent is in the form of "loans".
* US in the same period distributed $394.6bn.
* 93 per cent of US's total spend is in form of aid, focused on development and welfare.
SUPERPOWER CREDENTIALS
US President Donald Trump has called for deep cuts in what Washington gives in aid to other countries, ceding more space to Beijing, which is raring to become the go-to country for development loans as it seeks to further cement its superpower credentials.
TOP RECIPIENTS OF CHINA'S FUNDING
China's most favoured countries have received almost 50 per cent of total aid.
* Russia - $35.6bn
* Pakistan - $24.3bn
* Mali - $16.5bn
* Angola - $16.5bn
* Ethiopia - $15.4bn
* Sri Lanka - $12.7bn
* Laos - $12bn
* Kazakhstan - $11.7bn
* Venezuela - $11.3bn
* Turkmenistan - $10.7bn
SECTORS PRIORITISED BY CHINA FOR ASSISTANCE IN 2016
* Agriculture, forestry and fishing - $10bn
* Industry, mining, construction - $30.3bn
* Transport and storage - $88.8bn
* Energy generation and supply - $134.1bn
* Communication - $16.9bn
* Action relating to debt - $13bn
* Others - $61.3bn
In 15 years, China distributed aid worth $340 billion to 140 countries across six geographic regions. And has covered 4,300 projects.
CHINA STANDS SECOND ONLY TO THE US
* Between 2000-2014, China disbursed $354.3bn in aid.
* 21 per cent of China's spend is on aid or grants, and 79 per cent is in the form of "loans".
* US in the same period distributed $394.6bn.
* 93 per cent of US's total spend is in form of aid, focused on development and welfare.
SUPERPOWER CREDENTIALS
US President Donald Trump has called for deep cuts in what Washington gives in aid to other countries, ceding more space to Beijing, which is raring to become the go-to country for development loans as it seeks to further cement its superpower credentials.
TOP RECIPIENTS OF CHINA'S FUNDING
China's most favoured countries have received almost 50 per cent of total aid.
* Russia - $35.6bn
* Pakistan - $24.3bn
* Mali - $16.5bn
* Angola - $16.5bn
* Ethiopia - $15.4bn
* Sri Lanka - $12.7bn
* Laos - $12bn
* Kazakhstan - $11.7bn
* Venezuela - $11.3bn
* Turkmenistan - $10.7bn
SECTORS PRIORITISED BY CHINA FOR ASSISTANCE IN 2016
* Agriculture, forestry and fishing - $10bn
* Industry, mining, construction - $30.3bn
* Transport and storage - $88.8bn
* Energy generation and supply - $134.1bn
* Communication - $16.9bn
* Action relating to debt - $13bn
* Others - $61.3bn
(This article was originally published in The Times of India)