China pledges $15 million to Palestinians amid major push for Mideast influence

Posted on Jul 10 2018 - 7:32pm by Editor

THE TIMES OF ISRAEL

10 July 2018

China's President Xi Jinping gives a speech during the 8th Ministerial Meeting of China-Arab States Cooperation Forum at the Great Hall of the People in Beijing on July 10, 2018. (AFP PHOTO / WANG ZHAO)

China will provide Palestinians with more than $15 million in aid, President Xi Jinping told top Arab officials Tuesday, as Beijing seeks to build its influence in the Middle East and Africa.

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.

https://www.timesofisrael.com/china-pledges-15-million-to-palestinians-amid-major-push-for-mideast-influence/

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