Friday, July 20, 2018 08:13:11 AM

China spends big to win friends and influence across East Asia

Photo Gallery1 Photo By Bloomberg - Wed Jun 27, 2:13 am

A worker takes shade next to the bucket of an excavator at the site of Colombo Port City, developed by China Harbour Engineering Co., a unit of China Communications Construction Co., in Colombo, Sri Lanka, on Friday, March 30, 2018. (Bloomberg pic)

SINGAPORE: China spent more than $48 billion across East Asia and the Pacific between 2000 and 2016 to reward countries that consume its products and support its foreign policy positions, a new report has found.

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