"Eat Timor" in the first sentence may be appropriate. The last sentence is more misleading.
Virtually the entire $43.08 million is partial payment for the ill-fated national electricity project that the government of Timor-Leste is buying from China Nuclear Industry 22nd Construction Company (CNI22).
budget execution report, Timor-Leste spent $89,995,951 on the national electricity project during 2010. Of this, $40 million went to PT Puri Akraya Engineering (PAE, the Indonesian company to which the power stations were reassigned from CNI22 last September) on 30 December, and about $2 million went to ELC/Bonifica, the Italian joint venture which is supervising the construction. The remainder, minus a few thousand dollars in administrative costs, would have been paid to CNI22.
According to ELC/Bonifica, RDTL's payments to CNI22 during 2010 totalled $45.01 million.
If the Macauhub article is correct, there is no trade between Timor-Leste and China other than our Government's purchase of the electricity system from a Chinese company.
Timor Leste's 2011 state budget allocates $449 for the national electricity project (as well as $48 million for EDTL). RDTL paid $39.5 million to CNI22 between January and April 2011, with a remaining balance on CNI22's contract of about $171 million. "Trade" between China and Timor-Leste will increase again this year.
According to the Transparency Portal, RDTL has already spent $161.1 on the electricity project in 2011 -- $15.8 million in March and $145.4 million in April -- comprising 61% of all executed state expenditures so far this year. This includes $48.1 million to PAE for the Hera and Betano generating stations and $1.5 million to China Shandong International (CSI) for expansion of the existing Comoro power station.
With aid and trade like this, who needs corruption?