Barrick Gold Corporation announced on 26 May 2015
that it had sold a 50 per cent stake in Barrick Niugini
Limited to Zijin Mining Group, one of China’s ‘big four’
At a recent Australian National University workshop,
a speaker claimed that China’s Export-Import (Exim)
Bank had offered a 10 billion kina loan to Papua
Australia is the largest bilateral donor to Papua New Guinea (PNG). China became a top donor to PNG in 2014, behind Australia and the Asian Development Bank.
The rapid growth of Chinese foreign aid has become prominent in the past decade.
China's trilateral aid cooperation has been growing in recent years along with its overseas development assistance program.
Updated: 6 June 2023/Responsible Officer: Bell School Marketing Team/Page Contact: CAP Web Team
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