Category: development aid

Former UK Prime Minister Calls for World Bank Reforms to Counter Beijing

April 18, 2023
British International InvestmentBusiness & MarketsCCPChinaChina Business & EconomyChinese Regimedevelopment aideconomic policieseconomyEurope-China RelationsFinance & Business TiesGlobal ExpansionInternational RelationsSpecial TopicsUKWorldWorld Bank
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Former British Prime Minister, David Cameron, has called for reforms at the World Bank and the International Monetary Fund (IMF) to counter Beijing’s influence. He warned that the United Kingdom also risks losing out to communist China unless it steps up foreign aid assistance, Cameron wrote in The Sunday Telegraph on April 15. “Through its…

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Competing Directly With Belt and Road Initiative Spells Disaster for Western Taxpayers

July 3, 2022
AfricaAmericasAsia & PacificAustraliaChinaCold Wardevelopment aidEuropeforeign aidforeign aid corruptionG7Global ExpansionInternationalJoe BidenOpinionSpecial TopicsUSUS-China relationsViewpointsWorld
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Commentary U.S. President Joe Biden’s announcement at the 2022 G7 meeting that $600 billion would be given to the developing world should set off alarm bells across the West. What is driving this massive transfer of wealth from the developed world to developing countries? The reason is the U.S. State Department, and Biden managed to…

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