China: On Loan

Chine still needs to borrow a loan? Well, apparently so. Just take a look at this article

A total of 4.5 billion-US dollars of loan assistance would be provided to China from 2006 to 2008, the Asian Development Bank (ADB) said Monday.

That’s a lot! And I think that’s too much, considering China is now seems so self-sufficient, with a level of self-fulfilling that will envy even USA!!

Or perhaps ADB is acting like a normal bank: giving credits to gain profits later.

Who knows?

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