China to issue $10 bn in loans to SCO...

China to issue $10 bn in loans to SCO members

There are 1 comment on the Houston Home-Journal story from Jun 7, 2012, titled China to issue $10 bn in loans to SCO members. In it, Houston Home-Journal reports that:

China is ready to allocate $10 billion worth of loans to members of the Shanghai Cooperation Organization , President Hu Jintao said Thursday at the 12th meeting of the Council of SCO Heads of State.

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2 Cents

Taipei, Taiwan

#1 Jun 7, 2012
China's rise has lifted the economies of its East Asian neighbors. With the SCO, China's rise is also benefiting the economies of its Central Asian neighbors. While some people view China's shared border with so many countries as a vulnerability, its actually a blessing that enhances trade.

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