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Thursday, 12 September 2013

China signs deals worth $3 bln with Kyrgyzstan

(Reuters) – Chinese President Xi Jinping agreed to pump some $3 billion into infrastructure projects and loans to Kyrgyzstan, the latest deal in his Central Asian tour aimed at securing raw materials and trade routes to the West.


The agreement on Wednesday, which includes investment of $1.4 billion in the Kyrgyz stretch of the Turkmenistan-China gas pipeline, follows Xi’s signing of 22 deals worth some $30 billion with neighbouring Kazakhstan.


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Alessandra Prentice, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/BFDkrWjssKI/

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