I would really like to know.
We have sent over $275 Million in aid to China in the past 10 years. I know it doesn’t sound like much money after all the talk of hundreds of Billions of Dollars and even Trillions of dollars when we debated the debt ceiling. But if you wrote me a check for $275 Million, or an invoice for that amount, you would definitely get my attention.
We aren’t the only ones. Japan, Germany, France, and Britain all give more than we do to China each year. China also gets between $1.5 and $2.5 Billion a year in loans and grants from International Organizations like the World Bank (primarily funded by……wait…..wait…. the U.S.A. and lots of debt-ridden states in Europe).
Now if they have also given us that much aid, we could save a few bureaucratic jobs by just keeping our money and letting them keep theirs. If they are not, why not?
We give them money when we send Peace Corps members to China who when they arrive are only allowed to teach English to University Students who in turn use their advanced English skills to knock-off and sell our inventions back to us.
How much aid do we get from China?.
2 comments
Comments feed for this article
August 6, 2011 at 4:03 pm
Mark Torreano
First reaction to us giving money to China is amazement and “hell no!” But if our government had the stones to develop a targeted aid approach aimed at shaping positive attitudes among the Chinese toward democracy versus the Communist Party’s “dictatorship of the the proletariat” resulting in eventual “regime change” in Beijing, then it would be a good thing. Put conditions on the aid that help achieve this objective and let the Chinese government decide if it needs our money. They won’t, and we won’t continue to be “useful idiots” in the Chinese Communist Party’s growing efforts at global domination.
August 6, 2011 at 5:31 pm
ttoes
Mark,
Very well put. Thanks.
Tom