BEIJING: China today refused to comment on a proposal being pushed by India and Russia to swap natural gas between the countries, including Myanmar, saying it was not aware of the details and preferred to know the reactions of other parties involved. ONGC Videsh Ltd Managing Director Narendra K Verma said yesterday in New […]
China offers $11.5 billions in loans, credit to Southeast Asia
March 31, 2016 by
China will offer $11.5 billion (£8.1 billion) in loans and credit lines to five Southeast Asian countries for infrastructure and other projects, Premier Li Keqiang said on Wednesday. In 2014, Li offered $20 billion in loans to Southeast Asia, while visiting Myanmar to attend an East Asian summit, an attractive proposition for a region struggling […]
Myanmar anticipates good prospects after opening of AIIB
January 21, 2016 by
Myanmar is anticipating good prospects after the opening of China-initiated Asian Infrastructure Investment Bank (AIIB), a finance official said here Thursday. “Our expectation and view on the opening of the AIIB are good and clear, that was why we participated as a founding member. The AIIB is assumed as a dependable bank which supports regional […]
