China may long regret miserly typhoon aid offer

As hundreds of thousands of Filipinos struggled to find food, water, shelter and the bodies of loved ones in the wake of Typhoon Haiyan, China quickly dipped into its world-leading $3.7 trillion of currency reserves and came up with … all of $100,000.

That was Beijing’s first miserly offer of aid to the storm-tossed Philippines. By Thursday, an international outcry over China’s stinginess shamed it into upping its pledge to a modest $1.6 million worth of relief materials such as tents and blankets. But the damage was already done.

read more here .. http://www.japantimes.co.jp/opinion/...oon-aid-offer/