Chinese aid

China will provide a grant of 1 billion yuan (225.39 billion kyats, or approximately US$148 million) for socioeconomic development projects under an economic and technical cooperation agreement signed in Beijing last week. Myanmar’s Ministry of Foreign Affairs said in a press release on Monday that the ...

[] To enhance its economic and political clout, China has made substantial inroads across Southeast Asia on the back of multi-billion-dollar infrastructure and investment deals like the one in Cambodia. This is how China will engage with the world for the foreseeable future. At the ...

China has granted $240 million aid to Cambodia under agreements signed by Prime Minister Hun Sen on a state visit to Beijing. Mr Hun Sen and Chinese Prime Minister Li Keqiang signed six deals on Tuesday after a one-hour meeting to discuss ties between the nations. In ...

Cambodia on March 6 asked China to help fund the construction of two bridges across the Mekong River, which it said would cut traffic congestion in Phnom Penh and help create a ring road around the city. Speaking at the inauguration ceremony of the Cambodia-Vietnam Friendship ...

Construction of the Laos-China railway to link Vientiane with the Chinese border will finally get underway following an official ceremony held in Luang Prabang province on December 25. In his remarks at the ceremony, Minister of Public Works and Transport Dr Bounchanh Sinthavong said actual ...

Prime Minister Thongloun Sisoulith will officially launch the start of construction for the Laos-China railway project at a ceremony on December 25. The ceremony to kick off railway construction will take place in Luang Prabang district’s Phonxay village where a railway bridge spanning the Mekong River ...

The Chinese government has agreed to provide grant funding of over 34 billion kip (over 33 million Yuan) to address poverty reduction in Laos, especially in outlying areas of the capital Vientiane and rural areas of Luang Prabang province. The grant is part of the Pilot ...

The Chinese government has funded construction of a 22.5 km road along the Mekong River linking Tonpheung district in Bokeo province with Sing district in Luang Namtha province to facilitate transport and boost northern development. A signing ceremony for construction of the US$32.7 million road ...

Cambodia and China signed agreements on December 6 to build capacity in Cambodia’s health services, expand technology and fight the spread of diseases. After the official signing of four agreements, Health Minister Mam Bun Heng said the Chinese help would include preventing the spread of threats ...

The government expects to borrow nearly $1 billion from external creditors this year, primarily for infrastructure development, pushing the national debt over $6 billion, according to a report issued on November 4 by the Ministry of Economy and Finance. About a third of this amount, some ...