a more self-sufficient and competitive economy. China's foreign aid has also helped to strengthen the Armenian government's stability and legitimacy. In 2020, Xi Jinping announced a $1 billion investment package for Armenia, which included a range of infrastructure and economic projects. This package was seen as a sign of China's commitment to Armenia's economic development, and was seen as a major boost for the Armenian government's legitimacy. Overall, China's foreign aid to Armenia has been a major force for economic growth and development in the country. Through its investments in infrastructure, health, education, and other sectors, China has helped Armenia to become a more self-sufficient and competitive economy. See also List of development aid agencies List of development aid country donors Foreign aid to China Belt and Road Initiative Foreign policy of China References