China takes more aid money for AIDS, malaria than African nationsBy ANI
Friday, August 6, 2010
SHANGHAI - China has been accused of exploiting a global fund set up to fight AIDS, malaria and tuberculosis.
The country is the fourth largest recipient, despite becoming the world’s second largest economy.
A former US official, in charge of setting up the Global Fund to Fight Aids, Tuberculosis and Malaria disclosed that China received more than severely deprived African nations.
According to The Telegraph, Beijing was given three times as much to fight Aids and malaria than South Africa, one of the worst affected countries.
As a permanent member of the United Nations Security Council and global economic powerhouse, China’s contributions lagged far behind its peers.
It made contributions of 16 million dollars to the fund, but received a billion dollars in payouts. The United States pledged 6.5 billion dollars and Britain gave 2.2 billion dollars. (ANI)