THE TIMES OF ISRAEL
10 July 2018
The 100 million yuan pledge to Palestinians was made as part of a plan to give Arab states more than $23 billion in lines of credit, loans and humanitarian assistance for economic development.
The money will be earmarked for “projects that will produce good employment opportunities and positive social impact in Arab States that have reconstruction needs,” said Xi, without providing further details.
It is part of a special Chinese program for “economic reconstruction” and “industrial revitalization,” Xi told participants at a China-Arab States forum in Beijing’s Great Hall of the People.