China gives US$ 3 billion of energy credits for Kyrgyzstan

China gives US$ 3 billion of energy credits for Kyrgyzstan

David Nealis President Ceres Ltd

During a recent state visit by China’s President Xi Jinping to Kyrgzstan, the Chinese government approved credits worth over US$3 billion for energy projects in the central Asian nation.  Kyrgyz Economy Minister Temir Sariyev said that US$ 1.4 billion of credits will be spent on a 225km Kyrgyzstan-China gas pipeline that will transport gas from Turkmenistan to the Chinese city of Kashgar on China’s border with Kyrgyzstan and Tajikistan.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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