Monday, August 17, 2009

Asia Times article on Moldovan-Chinese ties

China has become an increasingly visible presence in the Republic of Moldova, both politically and economically. Ties seem to have reached a new high after the Moldovan and the Chinese Governments reached an agreement according to which Beijing would offer Chisinau a one-billion-dollar loan. A preliminary agreement was signed a few weeks ago, but it needs to be passed by the new Parliament.

It is unclear if that will happen since the ruling Alliance for European Integration has expressed its desire to receive loans from the IMF, the EU, and the US.

Whatever the case may be, China is more interested in Moldova than a few years ago.

The Asia Times recently published an article suggesting why that might be.

h/t www.actualpress.md