(Sydney Comprehensive News) The Australian think tank report shows that China ’s assistance to the Pacific region is decreasing, but it is more targeted, focusing on supporting partners and strategic countries.

Comprehensive South China Morning Post and Australian Broadcasting Corporation, etc., the Australian Interest Trek Roy International Policy Research Institute issued a report on Tuesday (October 31) stating that China's expenditure in the Pacific region reached 384 million US dollars (about 524 million new new in 2016 (about 524 millionAfter the peak), it has reduced to US $ 241 million by 2021.

The

Report pointed out that reducing direct investment in China does not represent a comprehensive withdrawal from the region, but strategically reduce risk, deepen political cooperation, and pursue higher capital returns.Think Tank believes that China's adjustment aims to "spend less money and do things" in Pacific Investment and pay attention to "cost -effectiveness", which reflects the more streamlined and more policy -oriented official development financing (ODF) direction.

Alexandre Dayant, a researcher at the Roy Research Institute, mentioned that the average scale of aid projects in the Pacific region has reduced from 40 million US dollars to $ 5 million, but the number of projects is increasing.In other words, China has saved resources but has carried out more activities.

The

Report also noticed that China is providing more assistance to countries that have acknowledged Taiwan from diplomacy to Taiwan.

There are also analysis that China has reduced assistance and is also related to the reduction of Chinese loans in Pacific Island countries.Pacific region has recognized that compared with China's loans, multilateral institutions and Australian loans may be more economic and low.

China is currently the third largest assistant party in the South Pacific, and the second to Australia and Asia Development Bank.China has remained at about 9%in the region since 2008.

In order to fight against China's influence in the region, the United States has been increasing the participation of diplomatic and economy.As an American allies, Australia provided approximately $ 17 billion in assistance to the Pacific from 2008 to 2021, accounting for about 40%of all overseas development financing in the region.