Wednesday, November 13, 2013

China to Philippines: Here, Have a Measly $100,000 in Aid


 The world's second largest economy off-loads insultingly small change on a storm-battered Philippines

world.time.com

- The U.S. has promised $20 million in aid for victims of Supertyphoon Haiyan in the Philippines and has mobilized an aircraft carrier for the relief effort. Britain is also sending a warship and has pledged $16 million. The Vatican is dispatching $4 million, Japan $10 million and New Zealand $1.7 million. And China, the world’s most populous nation and second largest economy?
It’s handing over $100,000.

China’s relations with the Philippines have frayed over the past year, as tensions rise over bits of rocks in the South China Sea that both nations have declared their own. While disputes in the resource-rich waterway have simmered for decades and involve other regional neighbors, China has, in recent months, more assertively staked its maritime claims and last year blocked Filipino fishermen from contested waters.

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