What does it take to snatch up Taiwan's allies in the Pacific? Apparently, $730 million

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After 36 years of ties, Solomon Islands ended relations with Taiwan. What did it cost Beijing to win over the Pacific nation's old friend, and what might it mean for stability in the region?

While the details of the final financial package offered to Solomon Islands by China haven't been officially released, there are reports China has promised $US500 million in"financial aid".

China is splashing out billions of dollars in concessional loans to developing countries, but what happens when these debt-laden nations can't pay Beijing back? While several Chinese and Taiwan media outlets cited the $US500 million aid money, Pacific experts say that figure has not been confirmed. "$US500 million is a lot of money for Solomon Islands, and I don't think it will all happen at once … if that were the amount it would be spread over some amount of time.

 

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Those dickheads will be eatting their words in less than 10 years but who cares the place was always a dump

Yeah, back in Oz we are not influenced one bit by the China Chequebook. Yawn...

Seems you can buy anyone’s allegiance with a few bucks

Easy buy. Money talks!!

Another Pacific Island nation unable to see past its nose!

More of this please ABC. Well done.

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