THE HIP

A Thinker's Shared Spot of Stories of Living



Monday, September 26, 2005

China: On Loan

by Eko Prasetyo @ 7:06 PM

Chine still needs to borrow a loan? Well, apparently so. Just take a look at this article

A total of 4.5 billion-US dollars of loan assistance would be provided to China from 2006 to 2008, the Asian Development Bank (ADB) said Monday.


That's a lot! And I think that's too much, considering China is now seems so self-sufficient, with a level of self-fulfilling that will envy even USA!!

Or perhaps ADB is acting like a normal bank: giving credits to gain profits later.

Who knows?