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China to provide free assistance to underdeveloped ASEAN countries

Updated: Nov 22,2015 11:41 PM     Xinhua

KUALA LUMPUR — China on Nov 22 pledged to provide free assistance worth 3.6 billion yuan ($560 million) to underdeveloped ASEAN member states in 2016.

China will also offer infrastructure loans totaling $10 billion to Southeast Asian countries, vice-foreign minister Liu Zhenmin said at a press briefing on the sidelines of the 27th ASEAN Summit and Related Summits.