China sets up US$10 billion credit line with European nations
Sunday, April 29, 2012 China has pledged US$10 billion in credit to back joint projects with Central and Eastern European countries. Visiting Chinese Premiere Wen Jiabao announced the deal at a business forum in Warsaw, Poland, and said he hopes the deal will facilitate the two sides’ cooperation. To boost business and trade, Wen said that China wants to help with infrastructure projects, including new technologies and green economy sectors. Also discussed at the Economic…