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12:08AM

Stealing from Africa: China's aggressive pursuit of Global Fund health grants

Foreign Policy piece, by way of WPR's Media Roundup, that rightfully accuses China of stealing from Peter (Africa) to pay Paul (it's own interior rural poor) in its aggressive pursuit and winning of "Global Fund to fight AIDS, tuberculosis and  malaria" health grants to the tune of $1B.

Chow points out that China has donated only $16m to the fund over 8 years, compared to $5.5B by the U.S. 

Particularly egregious:  $149m in health grants to battle malaria, when last year China suffered 38 deaths from that disease.

Meanwhile, a lot of African countries with far worse health burdens are getting crumbs compared to China, which ranks #4 in the world for Global Fund grants.

No one says China still doesn't have issues, but with $2.5T in money from the West already in terms of trade-surplus-generated reserve currency holdings, it's hard to argue that China should still be shoving aside more worthy African recipients.

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