USAID spent $32.5 billion in fiscal year 2024. Exact figures for China's foreign aid spending aren't fully public, but estimates from Japanese academics put the country's 2022 spend as high as $7. ...

6 hours ago · China is unlikely to directly replace lost USAID funding, Tsang said. These programs mostly involve aid assistance whereas China’s development assistance is overwhelmingly loans.

2 days ago · Dr. Philip Brenner, Emeritus Professor of International Relations and History, American University, Washington, D.C. told Newsweek that shutting down USAID would "provide an opening for China to ...

1 day ago · USAID had an annual budget of more than $40 billion and managed aid programs around the world, including a China-related program that has become a target of criticism by the White House.

2 days ago · USAID is the U.S. government’s lead humanitarian and development agency, providing assistance to countries worldwide to help address poverty, disease, and other humanitarian crises as well as to ...

4 days ago · USAID has outlived the Soviet Union, which fell in 1991. Today, supporters of USAID argue that U.S. assistance in countries counters Russian and Chinese influence. China has its own “belt and road” foreign aid program worldwide operating in many countries that the U.S. also wants as partners.

3 days ago · Concerns are growing in Washington that abruptly halting assistance from the U.S. Agency for International Development “opens up a window for China and Russia,” one analyst said.

4 days ago · “USAID is the main repository of technical expertise on food security, health, humanitarian logistics and a range of other issues in most of the world’s countries. The U.S. government and U.S. businesses, charities and citizens will be seriously handicapped in our interactions with the rest of the world without USAID data, expertise, and ...

2 days ago · A$95 billion worth of USAID programs have been brought to a screeching halt. It’s a devastating decision for developing nations, but also for US foreign policy. ... and allows China to come to ...

4 days ago · Charities, diplomats and foreign officials around the world are frantically trying to figure out what will happen to the US agency that doles out over $40 billion in aid for everything from life ...