SYDNEY: China's spending spree throughout the South Pacific is drying up as Beijing instead seeks to cement its footprint in a smaller number of "friendly states", Australian researchers said on Tuesday (Oct 31).
Flags of the Solomon Islands and China flutter near the Tiananmen Gate in Beijing, China on Jul 11, 2023. SYDNEY: China's spending spree throughout the South Pacific is drying up as Beijing instead seeks to cement its footprint in a smaller number of"friendly states", Australian researchers said on Tuesday .
China's spending in the Pacific reached a peak of US$384 million in 2016, according to the report, but had shrunk to US$241 million in 2021. China has since then financed a slew of major infrastructure projects in the two countries, and last year inked a
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