Thursday 21 January 2016

China offers financial, political support to Egypt ahead of uprising anniversary | Reuters

China offers financial, political support to Egypt ahead of uprising anniversary | Reuters:

"China signed a raft of economic deals with Egypt during a visit by President Xi Jinping on Thursday, including $1.7 billion in loans to the banking sector, and said it supports Egypt's efforts to maintain stability and set its own course.

Xi arrived in Egypt on Wednesday, the second leg of a Middle East tour, just ahead of the Jan. 25 anniversary of the 2011 uprising that ended autocrat Hosni Mubarak's 30-year rule.

Meeting Egyptian President Abdel Fattah al-Sisi -- who last month warned critics not to hold protests to mark the anniversary -- Xi said China and Egypt had developed a deep friendship based on mutual respect."



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