China offers US$1.5 billion to Asean in development aid


In this photo released by Xinhua News Agency, Chinese President Xi Jinping waves as he chairs the Asean-China Special Summit to commemorate the 30th Anniversary of Asean-China Dialogue Relations via video link from Beijing, China on Monday, Nov. 22, 2021. Xi on Monday said his country will not seek dominance over Southeast Asia or bully its smaller neighbors, amid ongoing friction over the South China Sea. - AP

ASEAN-CHINA SUMMIT, Nov 22 (dpa): Chinese President Xi Jinping said that his country will offer 1.5 billion dollars in development aid to the Association of South-East Asian Nations (Asean) in the next three years.

The financial assistance is to help Asean countries to fight epidemics and recover their economies, Xi said during a virtual meeting with ASEAN heads of state and government on Monday.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China , Asean , Philippines , Vietnam , Cash-Aid

Next In Aseanplus News

Perth man arrested after allegedly sympathizing with Bondi attackers
PAS sacks three assemblymen in Perlis
Asean News Headlines at 10pm on Wednesday (Dec 24, 2025)
More than seven months’ jail for man who hurled glass bottle at bus window, injuring passenger in Singapore
Male fertility issues account for nearly half of infertility cases, says specialist
Thai army rejects Cambodia’s ‘false rhetoric’, denies war or environmental crimes
Indonesia meets its goal to seize four million hectares of illegal land, used for mining, palm oil and forestry activities
Southeastern Taiwan shaken by 6.1 magnitude quake, no immediate reports of damage
Vietnam's fruit and vegetable exports set new record in 2025 with an income of over US$8.5bil
Trump removes nearly 30 career diplomats from ambassadorial positions; the Philippines and Vietnam among affected

Others Also Read