China granted 19 billions USD loans to Taiwan

Mainland China promised to grant loans amounting 130 billion yuana ($ 19 billion) to investors in Taiwan over the next three years. The proposal was made by the head of the office for relations with Taiwan government of China during a meeting with Taiwanese politicians in Shanghai, reported Reuters. The official news agency Sinhua indicates that mainland China and Taiwan will pass "hand in hand" in the current economic difficulties.
If the crisis gets worse and Taiwan exam economic or financial difficulties, China is ready to immediately give aid, said a senior Chinese politician is. These words were greeted with applause from Taiwanese. Currently in Shanghai is held the fourth cultural and economic forum between mainland China and the island, which is the only territory of the Republic of China after the Chinese civil war from 1946 - 1949, ended with the victory of the communists.
Labels: Financial News

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