UPDATE 1-PNG seeks Chinese help to refinance debt, boost trade
Papua New Guinea’s new
leader has asked China to refinance its entire 27 billion kina
($7.8 billion) government debt and enter into free trading
arrangements with Pacific island nations, even as competition
for influence in the region intensifies between Beijing and
Washington.
leader has asked China to refinance its entire 27 billion kina
($7.8 billion) government debt and enter into free trading
arrangements with Pacific island nations, even as competition
for influence in the region intensifies between Beijing and
Washington.
Posted by Reuters