Looking north: PNG signs on to China’s Belt and Road Initiative

Remember when PM Tony Abbott was Pivot of the Pacific and he turned his back on them to shirt front Putin. He got rid of Radio Australia and opened the gate. (ODT)

PNG owes China nearly $2 billion arising from concessional loans, according to the ABC – nearly a quarter of its total debt.

Looking north: PNG signs on to China’s Belt and Road Initiative

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.