China to Loan Caribbean $1 Billion


Above: China Vice Premier Wang Qishan and Trinidad PM Kamla Persad-Bissessar (Photo: TGISL)

By the Caribbean Journal staff

China Vice Premier Wang Qishan announced that the country would be providing $1 billion in loans to the Caribbean to support investment and development in the region.

Wang was speaking at the opening of the 3rd China-Caribbean Economic and Trade Cooperation Forum in Port of Spain.

In the same day, Antigua and China announced a $4.68 million economic and trade cooperation agreement.

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