China’s Wen pledges aid for Pacific allies – Leora Moldofsky

From the (link)

’s premier on Wednesday pledged a wide-ranging package of economic aid to island , including 3bn ($375m) in preferential loans.

The pledge made by was seen by analysts as a bid to isolate Taiwan and cement ’s influence in the region.

In the first visit by a Chinese premier to the south Pacific, Mr Wen said China would grant zero-tariff treatment to the eight island states that support a one-China , cancel debts that matured at the end of 2005, establish a fund to encourage in the region and accord its Pacific allies approved status.

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