China offers $20 billion fund for LatAm projects
Brasilia, Brazil (AFP) July 17, 2014 - Chinese President Xi Jinping proposed Thursday to create a $20 billion fund to finance infrastructure projects in Latin America and the Caribbean. The fund was announced at the end of a summit hosted by Brazilian President Dilma Rousseff that marked the launch of the China-Latin America-Caribbean Forum. "They proposed to do it immediately so that it can be ready next year. This money is ... more

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