China Grants Economic Aid to Djibouti, Site of Overseas Military Base

China on Thursday offered loans to Djibouti, the site of its first overseas military base, as the Horn of Africa state’s leader told President Xi Jinping he considered himself a great friend of the Asian giant. With a population of less than one million, Djibouti has long punched above its weight, thanks to a strategic location on the Gulf of Aden, one of the world’s busiest shipping routes linking Europe to Asia and the Middle East.

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Publish date : 23 November 2017 | 11:56 am

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