China loans $1billion to Belarus
Economy
10:41 25/03/2010

China loans $1billion to Belarus

 China will loan the former Soviet republic of Belarus $1 billion on favourable terms, the man widely seen as China's next leader told Belarusian President Alexander Lukashenko on Wednesday.

His visit and the loan vow were fresh signs of growing Chinese interest in the former Soviet Union, and not only in energy-rich Central Asia where it is vying with Russia and the West for access to resources.
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China loans $1billion to Belarus