Arabi - Chinese Investments Increase 2012-09-03
Egypt: Arabi - Chinese Investments Increase U.S.$3 Billion in Two Years
Planning and International Cooperation Minister Ashraf al-Arabi said the Chinese investments in Egypt will increase to around $3 billion in two years as well to open the Chinese markets for Egyptian exports to reduce the trade balance deficit in both countries, adding the China Development Bank (CDB) presented a trade loan worth $200 million to the National Bank of Egypt to boost the small- and medium - sized enterprises.
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