China Spends Big to Win Friends and Influence Across East Asia
The USNS Safeguard sits anchored in Philippines as U.S. and Japan conduct military raids near disputed islands of South China Sea (Photographer: Sanjit Das/Bloomberg)

China Spends Big to Win Friends and Influence Across East Asia

(Bloomberg) -- 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...
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