The potential closing of the USAID is anticipated to create opportunities for China to enhance its global presence. Analysts suggest that such a move might allow China to exert soft power through increased aid contributions, possibly shifting the balance of influence. While USAID's fiscal 2024 budget was significant at $32.5 billion, China has been actively seeking to expand its global influence through initiatives like its Belt and Road, despite its foreign aid spending being much lower. This situation unfolds within a context of growing U.S.-China geopolitical tensions.
The chaotic end of USAID will undoubtedly rebound to China's benefit, even if it is unlikely to change Beijing's international development strategy in the short term.
If USAID is shuttered, there may be opportunities for other aid givers like China to exert soft power influence through dispensing aid.
While China is far from the US's clout in terms of aid, the East Asian giant has been trying to expand its influence - politically and economically.
Concerns about America's positioning without USAID come amid intensifying geopolitical rivalry between the world's two largest economies.
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