US Makes Foreign Aid ‘A Great Alternative’ to China’s Belt and Road Initiative, Says MCC

Despite expectations that the Trump administration would reduce the amount of unspent foreign assistance funds, major foreign aid agencies like Millennium Challenge Corporation (MCC) will forge ahead. MCC’s work counters China’s Belt and Road Initiative.
US Makes Foreign Aid ‘A Great Alternative’ to China’s Belt and Road Initiative, Says MCC
Chinese construction labourers work at the site of a new mall, which is to be part of the Chinese-managed Shangri-La retails and office complex in Colombo, Sri Lanka on Nov. 19, 2018. Paula Bronstein/Getty Images
Updated:

Despite expectations that the Trump administration would reduce the amount of unspent foreign assistance funds, major foreign aid agencies like Millennium Challenge Corporation (MCC) will forge ahead. MCC’s work counters China’s Belt and Road Initiative.

“MCC is a great alternative and a great model that stands in contrast to Belt and Road,” MCC’s CEO Sean Cairncross said in an interview with NTDTV.

Kitty Wang
Kitty Wang
Author
Kitty Wang is a senior reporter for NTD News. She covers a wide range of international and national news, specializing in U.S.-Asia relations. Kitty graduated from Edwin L. Cox School of Business, SMU with an MBA.
Related Topics