Gossip

China gives Zimbabwe $1 Billion

Published on: 1st July, 2009

mugchina
China gives Zimbabwe $1 Billion  | read this item

Zimbabwe will receive $950 million of loans from China, nearly double the amount raised during Prime Minister Morgan Tsvangirai’s three-week trip to the U.S. and Europe.
The southern African country received “pledges” worth about $500 million from the U.S. and Europe, Tsvangirai said today in an e-mailed statement from the capital, Harare.
“In our drive to rebuild [...]

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