UK says it will end overseas aid spending in China

Malaysia News News

UK says it will end overseas aid spending in China
Malaysia Latest News,Malaysia Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Britain's Business Secretary Kwasi Kwarteng said on Tuesday his department would end all overseas aid spending in China.

"We'll work with China to tackle global challenges, but we can make a bigger difference spending UK aid where it is more needed," Kwarteng said on Twitter, adding that last year UK aid to China was around 13 million pounds .

The announcement comes a day after the government set out its new International Development Strategy in which it promised to try to better direct its aid budget to nations to help foster economic growth.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GBP/USD sees upside above 1.2250 as risk-on impulse rebounds, UK Employment in focusGBP/USD sees upside above 1.2250 as risk-on impulse rebounds, UK Employment in focusThe GBP/USD pair is hovering around 1.2250 at open and is likely to elevate further amid a rebound in the risk-sensitive assets experienced on Friday,
Read more »

UK Court recognizes NFTs as ‘private property’ — What now?UK Court recognizes NFTs as ‘private property’ — What now?NFTs are 'private property,' a UK court has decided. What does this mean for the future of the industry?
Read more »

New Sustainable UK Train Runs on Human WasteNew Sustainable UK Train Runs on Human WasteEngineers behind the BioUltra, Ultra Light Rail Partners unveiled their new train that runs on human waste. Read more here.
Read more »

Vauxhall Insignia axed in UK, to return as EV by 2026 | AutocarVauxhall Insignia axed in UK, to return as EV by 2026 | AutocarThe Vauxhall Insignia has been taken off sale in the UK, and will be a radically different proposition when it's eventually replaced
Read more »

UK Independent Film And TV Boosted With $25M Global Screen FundUK Independent Film And TV Boosted With $25M Global Screen FundThe UK’s independent film and TV sector has been given a shot in the arm with a £21M ($25M) Global Screen Fund building on the success of a pilot launched during the pandemic. The Global Scre…
Read more »

Glass Animals, Ed Sheeran and Rolling Stones win for UK at Billboard AwardsGlass Animals, Ed Sheeran and Rolling Stones win for UK at Billboard AwardsThe biggest winners on the night were Drake, Olivia Rodrigo and Taylor Swift who won a raft of awards each at the glitzy ceremony that was held at the MGM Grand Garden Arena in Las Vegas
Read more »



Render Time: 2025-02-28 01:47:11