Tiny South Pacific nation seeks US$100 bil loan from China

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Solomon Islands switched ties to Beijing from long-term partner Taiwan last November. FMTNews China

Solomon Islands switched ties to Beijing from long-term partner Taiwan last year.

The loan has been formally “offered by confidential donors” through broker Terry Wong, documents from the Solomons’ finance department show. The correspondence between the broker and the Solomons government dates from last November, shortly after the South Pacific nation switched ties to Beijing from long-term partner Taiwan, drawing a sharp US rebuke.

Source: Loan Digest (loandigest.net)

 

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