China Renews Loans Worth $10B To Asean Countries

[beijingwalker]

NOVEMBER 19, 2011, 3:54 A.M. ET
BALI, INDONESIA (Dow Jones)--China has renewed loans to Asean countries and remains committed to the idea of a regional free-trade area, a senior Chinese official said at a regional meeting Saturday.

Speaking at a briefing at the East Asia Summit, Chinese Assistant Foreign Minister Liu Zhenmin said China has renewed loans to Asean member countries worth an additional $10 billion over the coming years, without elaborating.

Liu also said that China would continue to promote the establishment of a "10+3" free-trade area covering the 10 Asean member states, Japan, Korea and China.

 

[Pakchina]

While western countries are triggering war in all parts of the world in view of implementing a neo colonialism policy amidst the current economic recession and the US is waging war in Asia in an attempt to contain China. China itself is promoting trade and prosperity by continuing to give favorable loans to Asian countries while these same countries are playing the game of the US. If these Asian countries are so close with the US, they shopuld beg the US to give them loans. Asian countries must realise that a prosperous China will benefit all Asian countries. They should stop playing the game of the US war criminals which is using the divide and rule policy and the myth of Chinese threat while the real threat is the US war criminals themselves. The US is the country which has been responsible for all the wars during these last 45 years.

 

[JayAtl]

While western countries are triggering war in all parts of the world in view of implementing a neo colonialism policy amidst the current economic recession and the US is waging war in Asia in an attempt to contain China. China itself is promoting trade and prosperity by continuing to give favorable loans to Asian countries while these same countries are playing the game of the US. If these Asian countries are so close with the US, they shopuld beg the US to give them loans. Asian countries must realise that a prosperous China will benefit all Asian countries. They should stop playing the game of the US war criminals which is using the divide and rule policy and the myth of Chinese threat while the real threat is the US war criminals themselves. The US is the country which has been responsible for all the wars during these last 45 years.

psst--Largest contributor to Aid and loans for poor countries is the US. US also gives China and Pkaistan Aid even today.

You must have heard about the UN and IMF as such organizations?... nvm.

continue with your colonial rant...regardless that most of you pakistanis love to settle in those lands

last time I checked - give a pakistani elite an option to migrate to china or US. its amerika zindabad!