• China will issue a credit SCO $ 5 billion

  • China has decided to allocate to States of the Shanghai cooperation organization $ 5 billion to Finance joint projects. This was stated by the President of China XI Jinping in Dushanbe at the meeting of the Council of the SCO, reports ITAR-TASS. We are talking about economic cooperation Fund "China-Eurasia", the initial capital of which amounts to a billion dollars.

    In 2012, China announced the creation of the SCO development Bank with an authorized capital of $ 10 billion. But in the end to agree on funding the organization failed, primarily because of the unwillingness of Russia to bear the costs.

    Collective lending mechanism within the organization is not yet available, but China is actively lending to other States of the organization directly. A large part of the loans are mainly commodity countries, they bought Chinese equipment and other goods.

    The Shanghai cooperation organization (SCO), a regional international organization founded in 2001 by the leaders of China, Russia, Kazakhstan, Tajikistan, Kyrgyzstan and Uzbekistan. Observers in the block are Iran, India and Mongolia.

    http://lenta.ru

More news in the same category:

More Global News:

    • Img
    • 5:54 pm on Tuesday 15th August 2017  /  Россия
      Kuznetsova has estimated taken in Syria and Iraq of Russian children

      Parents who joined Islamist groups, brought from all regions of the country — especially from Chechnya and Dagestan — about 350 children, said the Ombudsman under the RF President on the rights of the child Anna Kuznetsova. So, the lists from Dagestan has over 200 names, and this is only the official data.

    • Img
    • 5:54 pm on Tuesday 15th August 2017  /  Интернет и СМИ
      Intimate photos of Anne Hathaway leaked to the network

      Unidentified hackers leaking intimate photos of American actress Anne Hathaway. In some photos it is embodied in society naked man, presumably her husband, actor Adam Shulman. Apparently, the pictures were taken during rest and joint campaigns in a bath.

    • Img
    • 5:51 pm on Tuesday 15th August 2017  /  Наука и техника
      Solved half a century the task of physics

      British and German scientists have decided, in their opinion, the problem glasses. Nobel prize winner Philip Anderson called this problem, actual for the last more than 50 years, "the deepest problem of solid state physics". A study published in the journal Physical Review X.

comments powered by Disqus