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China denies giving India $20 bn to drop Doklam

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China denies giving India $20 bn to drop Doklam

China’s defence ministry refuted reports in the Chinese social media that India agreed to enter into an agreement on the Doklam issue after Beijing promised a loan of $20 billion.

Defence ministry spokesman Ren Guoqiang, replying to a question, said, “On your question about China providing loans to India to withdraw troops, we have checked with the relevant authorities of the government and such reports are pure fabrication.”

A similar statement, refuting India taking $20 billion loan, was made by the Chinese foreign ministry, while People’s Daily, the official organ of the Communist Party, ran a report about the money offer being false.

But, Chinese official agencies and media seem to be keeping up the speculation on the issue alive by repeated denials because it serves the purpose of showing that China is financially much stonger than India, which makes it a difficult competitor in a military contest, said an observer.

Chinese foreign ministry recently tried to convey this idea of superiority by describing China as a “major country” while discussing the recent agreement on Doklam with India.

Despite the recent differences, the two sides will continue to make efforts to enhance military to military exchanges to “avoid misjudgement and misunderstanding”, Ren said.

China’s military also said it will continue to patrol the Doklam despite the recent agreement between India and China. The agreement resulted in China halting road construction in the disputed area. But the defence ministry indicated that Beijing sees this as a temporary halt and not a permanent stoppage of infrastructure construction.

“The Chinese side will continue to patrol the Donglong (Doklam) area for a long period of time to better guard our border and improve the living and working conditions of the military and civilians living in the area,” Ren said.

“We have long built infrastructure construction and including building of roads. In future, we will continue to make plan for infrastructure construction taking into consideration various factors including weather conditions,” Ren added.

On recent stone-pelting between Chinese and Indian troops at the Pangong lake in Ladakh, Ren said, “I would like to stress that the Indian side should enforce strict discipline on the border defence troops and abide by the agreements and consensus reached by the two sides so as to maintain peace and tranquillity along the border.”
 
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What if there is some truth, even partial hidden truth in the speculations?

China may not directly extend a loan of 20 billion $ to India, but what if it is some kind of understanding arrived as part of the upcoming BRICS summit?

At the rate at which Modi and his sanghi criminals are destroying the Indian economy, who knows, India might have to look for even larger loans in the near future, from wherever it comes.
 
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Its interesting that these reports have emerged in chinese media .
Shows chinese didnt have faith in chinese army or govt.

Simply Chinese have shown their weakness by this claim. That their sovereignty is for sale.
 
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20 billion?
China wont give a single cent towards this.
More, India is able to borrow from IMF/WB/ADB freely.
 
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Slap on the face of those who say Chinese people have no freedom. Here they are questioning their own government by even embarrassing it by putting up a dumb question.
What a brave question to ask ,dint even knew there was a rumour that China offered 20 billion untill I read this thread
 
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Dumb Indians as usual, how about checking this faked news originated from before jumping your guns?
Its originated from your beloved faked media
(This article was originally published in The Times of India)

Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst
Faked news. Faked media, Faked country :rofl:
Like how Indian fabricated fake video of Chinese tank break down in Biathlon tank 2017 to mask their incompetent and humiliating break down of 2 T-90s tank in sequence. :enjoy:

India is king of fake news and denial.
 
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Its interesting that these reports have emerged in chinese media .
Shows chinese didnt have faith in chinese army or govt.
LOL should Chinese have faith in unilateral retreat shupa powa who was given a sharp slap on the face when Modi begged for a face saving exit?

Simply Chinese have shown their weakness by this claim. That their sovereignty is for sale.
LOL is that why Indian Army unilaterally retreated from Doklam? Because unilateral retreat is for shupa powa while annexing Bhutan land to make our territory even bigger is for weak Chinese?
 
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