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UK says it will end overseas aid spending in China

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© Reuters. FILE PHOTO: British Business and Energy Secretary Kwasi Kwarteng walks outside Downing Street in London, Britain, February 1, 2022. REUTERS/Henry Nicholls

LONDON (Reuters) – Britain’s Business Secretary Kwasi Kwarteng said on Tuesday his department would end all overseas aid spending in China.

“We’ll work with China to tackle global challenges, but we can make a bigger difference spending UK aid where it is more needed,” Kwarteng said on Twitter (NYSE:TWTR), adding that last year UK aid to China was around 13 million pounds ($16.2 million).

The announcement comes a day after the government set out its new International Development Strategy in which it promised to try to better direct its aid budget to nations to help foster economic growth.

($1 = 0.8025 pounds)

UK says it will end overseas aid spending in China

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