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Germany plans to stop foreign aid to China [Copy link] 中文

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Post time 2009-10-30 21:15:05 |Display all floors
Germany plans to cut off millions of euros in foreign aid to emerging economic giant China, the new development minister Dirk Niebel told daily Bild on Friday.

The controversial first move by Niebel, who was appointed despite having been a vocal critic of foreign development aid in the past, has angered opposition politicians.

Niebel indicated India was also in the government's sights for aid cuts. He said Germany, which spends more on development aid than any country apart from the United States, could find better uses for the money.

"Battling poverty is more important than ever for Germany. That means we should place our resources where they can help the most," he told the paper. "Economic giants like China and India no longer fulfil these criteria."

He did not specify how else the money might be spent.

The most recent figures available show that Germany gave China 67.5 million Euro in 2007 and India 84 million Euro in 2008.

[ Last edited by sisko77 at 2009-10-30 03:17 PM ]
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Post time 2009-10-30 21:16:47 |Display all floors
Does China still gets foreign aid ??

Surprising !!!

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Post time 2009-10-30 21:16:56 |Display all floors

<arched eyebrow> What?!

Seriously - is that translation right?
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Post time 2009-10-30 21:18:56 |Display all floors
Source:
h t t p : / / u.nu/9ycq3

I can't understand how this angers the opposition. Unless they wanted to use the development aid as an instrument to influence political decisions in China. China certainly doesn't need the money anymore.

[ Last edited by sisko77 at 2009-10-30 03:21 PM ]
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Post time 2009-10-30 21:20:36 |Display all floors
Originally posted by manoj10 at 2009-10-30 21:16
Does China still gets foreign aid ??

Surprising !!!


don't the Western countries which mouth decrmocracy all day and all night long make you surprise if they refuse to return Indian national treasure to India?

Don't the former US president make you surprise when he said it is Indians who drive up the food price?

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Post time 2009-10-31 02:02:04 |Display all floors
Originally posted by ilearnabc at 2009-10-30 21:20
don't the Western countries which mouth decrmocracy all day and all night long make you surprise if they refuse to return Indian national treasure to India? .......

we are talking about China here

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Post time 2009-10-31 02:02:49 |Display all floors
and frankly, I really don't understand why China still takes foreign aid, although they are so proud of their achievements and have lots of financial and monetary resources.

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