China's aid to the Pacific has been declining since 2016, according to the Lowy Institute Pacific Aid Map Project Director Alexandre Dayant. In 2021, China's financing in the region reached a level below its historic average, but it does not indicate China's departure from the Pacific. Instead, China is consolidating its finances in the region. Meanwhile, Australia's spending in the Pacific has increased to $1.76 billion.
Lowy Institute Pacific Aid Map Project Director Alexandre Dayant says China ’s aid to the Pacific peaked in 2016 and has been declining ever since.“What the Pacific aid map does is that it traces the … finance from the international community to the Pacific ,” Mr Dayant told Sky News Australia .
China’s spending in the region in 2021 had declined to $289.44 million, whereas Australia's had increased spending to $1.76 billion.
China Pacific Aid Financing Decline Australia Spending
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