China has made significant sacrifices in trying to help African countries lift themselves out of poverty, including the deaths of more than 700 Chinese workers in aid projects, Vice Commerce Minister Fu Ziying told reporters. He said accusations that Beijing’s foreign aid to Africa was targeted at securing resources were “nonsense.” Fu was briefing the press on a report on China’s foreign aid released last week by the State Council Information Office. The report, the first of its kind, said China’s budgeted foreign aid swelled nearly 30% a year since 2004 and totaled 256.2 billion Yuan ($39.2 Bn USD) from 1950 through 2009.
A recent New York Times article explores a quizzical addition to the U.S. media scene: Chinese state-run media. Several, in fact the largest, state-controlled media plan to spend a small fortune in order to expand overseas. In the midst of what looks like a major crisis for journalists and readers, media companies and outlets left […]
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