$120b fund for ASEAN set to commence
By Zhang Haizhou | China Daily | Updated: 2009-10-22 08:45
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Hotel workers show Hua Hin railway station paintings to be presented to head of states of ASEAN and dialogue partners at a hotel in Hua Hin, southern Thailand on Tuesday. The ASEAN Summit is to be held in the city from tomorrow to Sunday. AP |
A $120 billion fund that will offer loans to Southeast Asian countries in economic straits will be ready as early as the end of the year, Chinese officials said in Beijing yesterday.
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