China Announces Double-Digit Budget Increase for Diplomacy

China is sharply increasing its budget for diplomacy and influence-building around the world after three years of retreat from the world stage.

The announcement of a 12.2% increase follows Foreign Minister Qin Gang’s recent comment that “Chinese diplomacy has pressed the accelerator button” in the wake of its post-pandemic shutdown. Allocations for diplomacy fell by 11.8% in 2020 before creeping up by 2.4% in 2022.

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.



source https://chinaglobalsouth.com/2023/03/09/china-announces-double-digit-budget-increase-for-diplomacy/

Comments

Popular posts from this blog

DR Congo Receives First Shipment of Chinese COVID Vaccines

WEEK IN REVIEW: The G77 Bloc of Countries Together With China To Propose a New “Loss and Damage” Fund at the COP27 Summit

African Leaders Renew Calls for Urgent Debt Relief and Financial Assistance