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Friday, June 29, 2012

''China's Growing Economic Importance to Central Asia''

From Strategic Culture

''The June summit of the Shanghai Cooperation Organization (SCO) highlighted China's swelling economic presence in Central Asia. Chinese premier Hu Jintao unveiled an ambitious agenda for the region, with $10b in loans to be infused into the corresponding projects. At the moment, the Chinese investments in Central Asian republics estimatedly total $20b, and Beijing evidently aims at the role of the main economic partner of the entire Central Asia, especially in the spheres of energy and transit. ''


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