China steps up to the plate with $2B in funding
China will provide 2 billion U.S. dollars over two years to help with COVID-19 response and with economic and social development in affected countries, especially developing countries.
So announced Chinese President Xi Jinping via video link on Monday at the opening of the 73rd session of the World Health Assembly.
Xi added that when a vaccine for the disease is available, it “will be made a global public good.” A number of Chinese companies are at the forefront of development and testing for a Covid-19 vaccine.
Xi also emphasized how China would work in particular to support Africa in virus prevention and control efforts.
This entry was posted in Humanitarian Aid, International Cooperation, Uncategorized by Grant Montgomery.
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CNN Comment: President Xi’s cynically timed intervention at the WHO Assembly offering $2 billion to aid the WHO, as well as support for African nations, sends an unequivocal message: as the US President turns inwards, lashing out at critics, China takes up the slack.