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Chinese financing boosts Sino-LatAm cooperation: Chinese envoy

Source:   Time:

BUENOS AIRES, April 22 (Xinhua) -- China's ambassador to Argentina, Yang Wanming, suggests Latin American nations make the best use of the financing offered by China as part of integral bilateral cooperation.

"The Chinese government has established a line of credit amounting to 20 billion U.S. dollars, exclusively to fund infrastructure projects in Latin American countries," said Yang, addressing a seminar on China-Argentina relations, organized by the Political, Economic and Social Studies Foundation for the New Argentina (FEPESNA) in Buenos Aires.

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