Some of the aid money was used to put Chinese firms in competition with British counterparts. Beijing is threatening the UK with retaliation after Downing Street banned Chinese firm Huawei from its 5G network. Foreign Secretary Dominic Raab said £3 billion would be cut from the total aid budget next year to reflect the shrinking of Britain's economy. Sir Iain described the aid spending as 'utter madness' and demanded an urgent review into Britain's relationship with China in the light of the Mail's revelations. 'China is the second-largest economy in the world, and it is winning business all over the world by undercutting firms in the West.

Source: Daily Mail July 22, 2020 21:01 UTC