One China expert told Newsweek that the USAID funding freeze had handed an "enormous gift" to Beijing's push to influence the Global South. Meanwhile, one Kremlin propagandist has said on Russian television that Moscow could exploit the gap left by USAID and project geopolitical power with a similar program.

The end of USAID could mean more space for China to expand globally. BI analyzed where China invests the most and how it compares to US aid.

Elon Musk has his sights set on dismantling USAID, the world's largest foreign aid agency. Here's what to know about the agency.