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Monday, December 21, 2009

China pledges another $1.2 billion US for Cambodia- minister

China pledges another $1.2 billion US for Cambodia- minister: "

PHNOM PENH, Dec. 21, 2009 – China announced on Monday to give another $1.2 billion in grant aid and loans for Cambodia to develop her nation, said the information minister Khieu Kanharith.

The pledge was made in the bilateral meeting between the Cambodia’s Prime Minister Hun Sen and China’s Vice President Xi Jingping who is visiting this impoverished Southeast Asian nation from to 20- 22 December.

His Excellency Kahnarith also said that the latest aid from China on Monday of $1.2 billion making the total aid package of $2.23 billion including Cambodia has received $930 from China since 1992.

(More news updates later)

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