Creating a new legal entity to Finance investments in the countries of Central and Eastern Europe, Chinese Prime Minister Li Keqiang announced on Saturday during a meeting of heads of state and government at the summit of “16+1″ in Riga, but without specifying details.
According to China press economic activities the Fund was managed by a Chinese Bank-Industrial and commercial (ICBC), China’s largest Bank, could rise to 50 billion euros.
to Be used for financing infrastructure projects, particularly in the consumer goods sector.
In group “16+1″ belong to China and Estonia, Latvia, Lithuania, Poland, Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Slovenia, Croatia, Serbia, Bosnia and Herzegovina, Montenegro, Albania and Macedonia.
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