ALFRED SASAKO | Islands Business
IT’S NOT OFTEN THAT PACIFIC Islands Forum leaders meet the Chinese leadership on Chinese soil. But things are changing.
In November, Pacific Forum Leaders will converge on China’s eastern coastal city of Guanzhou for the first Sino-Pacific Forum Leaders’ summit. Beijing is expected to use the opportunity to showcase the power of its growing economy.
The world’s third largest economy will, among other things, announce a US$1 billion soft loan facility it is offering Pacific Islands governments during the three-day China-Forum Leaders’ summit from 9 November.
The hosting of the historic summit also heralds the advent of a new player in the game plan to, not only have a slice of the Pacific, but win the hearts of its citizens and governments struggling to make ends meet.