Cambodia welcomes Chinese premier’s pledge of over 3 bln USD aid to GMS countries

A senior official of the Cambodian government on Saturday welcomed Chinese Premier Li Keqiang’s pledge of 3.09 billion U.S. dollars aid to the Greater Mekong Subregion (GMS) member countries, saying the offer is essential for socio-economic development and poverty reduction. … The offer includes 1 billion U.S. dollars for infrastructure inter-connectivity, 490 million dollars in grant for poverty alleviation and 1.6 billion dollars in special loans for China’s production capacity export. …

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-12/20/c_133868594.htm