Coronavirus: China pledges US$3 billion in aid to developing nations
- ‘Major countries need to take up the responsibility to provide more vaccines to developing countries in urgent need,’ Xi Jinping tells G20 health summit
- China will give an extra US$3 billion over next three years to support countries’ Covid-19 response and socio-economic recovery
Xi attended the event – co-hosted by European Commission President Ursula von der Leyen and Italian Prime Minister Mario Draghi – via video link.
He said that as well as the international aid it was already providing, China would give an additional US$3 billion over the next three years to support developing countries’ Covid-19 response and socio-economic recovery.
“G20 members need to adopt responsible macroeconomic policies, keep the global and industrial supply chain safe and smooth, and give continued support to developing countries,” he said.
06:11
‘Nepal will be the weakest link’ without Covid-19 vaccines, says public health scientist
Xi’s pledge comes as the US is adopting an increasingly proactive stance in helping other countries deal with the Covid-19 pandemic.