Australia launches $1.5 bln Pacific fund to counter China’s influence — Peace and Freedom

 

Australia will offer Pacific countries up to A$3 billion ($2.18 billion) in grants and cheap loans to build infrastructure, Prime Minister Scott Morrison said on Thursday, as Canberra seeks to counter China’s rising influence in the region. . Australia and China have been vying for influence in sparsely populated Pacific island countries that control vast […]

via Australia launches $1.5 bln Pacific fund to counter China’s influence — Peace and Freedom

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