Labour attacked after giving £170 million to the People's Republic of China
http://www.dailymail.co.uk/news/arti...aid-China.html
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Labour was blasted last night by one of its former ministers for spending £170million of taxpayers' money on aid to China, the world's third largest economy. Ministers were told that it was 'wrong' that such huge sums should be handed to a country that was able to splash out £20billion hosting the Olympic Games in 2008. Britain has given Beijing on average £34.5million a year since 2004-05 to boost its schools, tackle Aids and provide fresh water. Senior peers yesterday questioned whether it was right that development cash should be spent on China, which is forecast to become the biggest economic superpower on the planet within five years. Latest figures from the World Bank show China's GDP was £2.8trillion in 2008 - eclipsed only by the U.S. (£9.3trillion) and Japan (£3.2trillion).
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Baroness Symons - Tony Blair's former Middle East envoy and an ex Foreign Office minister - said it raised 'very, very important questions' about the Government's priorities. She acknowledged parts of China had 'real poverty and deprivation', but added: 'I would not have thought by any standards that China can resile from the responsibility of dealing with its own poverty given its enormous and growing wealth.' She said: 'The primary responsibility for dealing with that poverty should be with the government which is now presiding over a huge and growing economy, an enormous sovereign wealth fund and which is such a strong competitor to our own companies when they are doing business abroad.'
The Conservatives have pledged to shake up Britain's £9.1billion overseas aid budget by cutting funding to more prosperous developing nations, and axing China's aid outright after 2011. International Development Minister Lord Brett said China received 'only a very small part of our aid budget'. 'It is not about helping the Chinese government, it is about helping poor Chinese people,' he added.
I am against continous state aid of any type anyway even with China out of the picture. I believe it should be upto the people (your parents, my parents, the taxpayers) to give aid if they wish and not upto the state to allocate it and with lower taxes (smaller state) that would be possible. To this point/issue; we are in enormous and growing amounts of debt and our NHS cannot afford cancer drugs for British people yet this government still sees it fit to allocate our money to China which is a country that spends billions on a nuclear arsenal, a military and space programmes every year.
When will this madness stop? - Thoughts