China lends Costa Rica $400 million on Xi visit


  • World
  • Tuesday, 04 Jun 2013

China's President Xi Jinping meets Costa Rica's President Laura Chinchilla at the Presidential house in San Jose June 3, 2013. REUTERS/Randald Campos/Presidency Costa Rica/Handout via Reuters

SAN JOSE (Reuters) - China lent Central American ally Costa Rica nearly $400 million on Monday during a visit by Chinese President Xi Jinping to a region where Beijing has traditionally vied with rival Taiwan for influence.

Costa Rica recently backed China in its dispute with Taiwan, which Beijing regards as a renegade province, in votes at the United Nations. Members of the Costa Rican opposition said the deals announced on Monday raised questions about what China expected in return.

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