Xi offers Central Asian countries $500 million, announces $70 billion trade target
The Hindu
Announcement from China comes two days before India’s virtual summit with regional leaders
Two days before Prime Minister Narendra Modi, on Thursday, hosts India’s first virtual summit with Central Asian leaders, China’s President Xi Jinping offered $500 million in assistance to the region and pledged to ramp up trade.
Mr. Xi on Tuesday chaired his own virtual summit with Central Asian leaders, two days ahead of Mr. Modi hosting a first-of-its-kind virtual summit with the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.
Mr. Xi’s virtual summit with the same five countries was held “to commemorate the 30th anniversary of the establishment of diplomatic relations”, the Chinese Foreign Ministry said.
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