China plans $10 billion Asean infrastructure fund: Wen

Posted by 7Star Sunday, April 19, 2009

China will set up a $10 billion China-Asean investment co-operation fund to support infrastructure projects in the region, Chinese Premier Wen Jiabao said on Saturday. Wen was speaking at the Boao Forum for Asia. China's foreign minister said last Saturday that China had planned to establish a $10 billion infrastructure fund for the Association of Southeast Asian Nations during last weekend's East Asia Summit.

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