Tuesday, July 10, 2018

China to offer Palestinian Authority $15 million aid package - Ariel Kahana


by Ariel Kahana

Chinese President Xi Jinping says in meeting with Saudi Arabian officials that China will soon extend an offer of aid to the cash-strapped PA, which is in financial straits following sanctions over its payments to terrorists and their families.




Chinese President Xi Jinping meets with Saudi Arabian representatives
Photo: AP

China intends to offer the Palestinian Authority an aid package amounting to $15 million, Chinese President Xi Jinping announced Tuesday.

Xi announced his plans to offer the Palestinians assistance during the 8th Ministerial Meeting of the China-Arab States Cooperation Forum in Beijing, but did not mention whether the aid would be earmarked for a specific purpose or conditional in any way.

In the past few years, China has been on a push to expand its investments in the Middle East and Africa. In 2016, China gave the Palestinians $6.7 million to develop a solar energy infrastructure.

An infusion of funds from Beijing would be a welcome boon to the PA after Australia announced last week it would be stopping direct aid to the PA because it continued to pay salaries to terrorists and their families. U.S. aid money to the Palestinians is expected to be slashed once the Taylor Force Act – legislation that blocks American aid to the PA as long as the latter disburses funds to terrorists and their families – takes effect.

Earlier this month, the Knesset passed a law allowing the Israeli government to deduct an amount equivalent to what the PA pays out to terrorists from the tax funds it collects on behalf of the PA government.


Ariel Kahana

Source: http://www.israelhayom.com/2018/07/10/china-offers-palestinian-authority-15-million-aid-package/

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