China puts its foreign aid at over $14 billion for 2010-2012
GAKU SHIMADA, Nikkei staff writer
BEIJING -- The Chinese government on Thursday released a white paper on foreign aid that says it appropriated 89.34 billion yuan ($14.3 billion) from 2010 to 2012 for foreign assistance.
China provided assistance to 121 countries, being especially generous to 51 in Africa and 30 in Asia. The paper says China in recent years has been increasing infrastructure development assistance to promote the economic development of recipient countries.
By type of assistance, concessional loans accounted for 56% of the total, grant-in-aid for 36% and interest-free loans for 8%.
The white paper's release coincided with the U.S.-China Strategic and Economic Dialogue, held July 9-10 in Beijing, and it might have been intended to show China in a flattering light.
The government said that it adheres to the principle of not imposing any political conditions when providing foreign assistance, justifying its aid to governments known for human rights abuses.
China is often criticized for offering assistance to countries as a quid pro quo for energy resources.