: :inin Kyiv (EET)

Analysis: Xi big-money pledges underpin Chinese diplomacy


UNITED NATIONS (AP) — Call it checkbook diplomacy, Chinese style.On visits to Washington and the United Nations, President Xi Jinping has pledged billions of dollars for peacekeeping, economic development and climate change, winning audience applause and plaudits from the world body.However, while many countries trade aid for specific advantages, Xi’s approach is more ambitious. He’s using the power of the purse to cast China as a responsible contributor to international peace and stability and to dilute international criticism of Beijing.The approach seems to be a success so far, helping Xi override condemnation in the West about the authoritarian Communist government’s …read more

Source: Business Insider

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