China cosies up to ASEAN with $20 billion in loans
Naypyidaw, Myanmar (AFP) Nov 13, 2014 - China on Thursday offered $20 billion in loans and floated the possibility of a "friendship treaty" with Southeast Asian nations, in an apparent bid to defuse regional tensions which spiked this year over contested seas. Attending the East Asia Summit in Myanmar, Chinese Premier Li Keqiang said $10 billion would be made available to the 10-member Association of Southeast Asian Nations (ASEAN ... more
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