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?.