China has also been helping countries to develop in a few ways, including:Providing financial assistance: China has provided billions of dollars in financial assistance to developing countries, in the form of loans, grants, and debt relief. This has been used to support projects including infrastructure development, education, and healthcare. Infrastructure investment: China has invested heavily in infrastructure projects in developing countries, such as roads, railways, and ports. Transferring technology: China has transferred technology to developing countries, helping them improve their manufacturing and production capabilities. Today, China is looking for markets with the huge growth potential that comes from lifting the majority out of poverty and bringing them into the marketplace as consumers.
Source: Bueno Aires Herald August 05, 2023 05:15 UTC