Tag Archives: interest-free loan

China loans $1.2bn for Cambodia

Chinese Vice President Xi Jinping officially has visited Cambodia during a three-day state visit. China agreed to give US$1.2 billion in interest-free loans for Cambodia’s economic development in 14 different agreements during a signing ceremony at the Council of Ministers. Khieu Kanharith, Information Minister and government spokesman, told reporters during a press conference that Cambodia … Continue reading