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China, Papua New Guinea, Trade

China seeks to double trade with PNG, region

China wants to increase its trade volume with Papua New Guinea and the South Pacific to US$2 billion from the current trade levels worth US$1 billion.

In PNG, Chinese interests are developing the Ramu nickel mine, are financing the nearby Yandera copper mine and will pump in over US$90 million into the Pacific Marine Industrial Zone.

Chinese officials say they are interested in agriculture, minerals, forestry and tourism.

http://www.thenational.com.pg/?q=node/23483

 

 

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About Samantha Magick

Journalist and editor

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