Hu pledges millions in aid
A weekend meeting between Chinese President Hu Jintao and Prime Minister Hun Sen concluded with millions in loans and aid agreed to and a clear message: neither nation is in a rush to deal with the prickly South China Sea dispute. At the Saturday one on one, which included a vow to double bilateral trade by 2017, the Chinese president told Hun Sen that, while his nation favoured a declaration of conduct for the disputed sea, moving “too fast” would only serve to inflame regional tensions, Sry Thamrong, a spokesman for the premier, said. … During the meeting, China pledged almost US$40 million in grants and more than $30 million in loans to Cambodia, while Hun Sen asked Hu Jintao for an annual loan of between $300 million and $500 million for infrastructure, irrigation and electricity, Sry Thamrong said. …
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