![A TV screen shows a live broadcast of Chinese President Xi Jinping attending a group photo of Shanghai Cooperation Organization (SCO) summit at the media center, in Qingdao](https://freeamericanetwork.com/wp-content/uploads/2018/06/china-says-to-offer-4-7-billion-in-loans-under-sco-framework.jpg)
A TV screen shows a live broadcast of Chinese President Xi Jinping attending a group photo of Shanghai Cooperation Organization (SCO) summit at the media center, in Qingdao, Shandong Province, China June 10, 2018. REUTERS/Aly Song
June 10, 2018
QINGDAO, China (Reuters) – Chinese President Xi Jinping, speaking at a summit of regional security bloc, the Shanghai Cooperation Organisation (SCO), said the country would offer the equivalent of 30 billion yuan ($4.7 billion) in loans under a framework formed by SCO countries.
The SCO includes China, Russia, India, Kazakhstan and other Asian countries.
(Reporting by Shu Zhang and Christian Shepherd; writing by Tony Munroe; editing by Richard Pullin)