China announces $9.2 billion credit line for Latin American countries
Photo: Reuters
China plans to provide a credit line of 66 billion yuan ($9.2 billion) to Latin American countries, Chinese President Xi Jinping said.
"China will provide the Latin American side with a credit line of 66 billion yuan," he said at the opening ceremony of the 4th ministerial meeting of a forum titled "China - Community of Latin American and Caribbean States," News.Az reports, citing foreign media.
According to Xi Jinping, the China wants to import even more high-quality products from the region’s countries.
"We will encourage more investment inflows to support the development of Latin American and Caribbean states," he said.
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