CHINA TOPIX

11/02/2024 12:26:30 pm

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friendship treaty

East Asia Summit

China Dangles $20 Billion Loan to Fellow South China Sea Claimants

China offered the members of the Association of Southeast Asian Nations (ASEAN) a friendship treaty and loans worth US$20 billion on Thursday, but Prime Minister Li Keqiang pressed that Beijing will only address the South China Sea disputes through direct settlements with other claimants.

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