China downplays Solomon island lease debacle, tells U.S. to stay out

China downplays Solomon island lease debacle, tells U.S. to stay outThere is nothing unusual about Chinese companies experiencing issues when investing in Pacific island states or elsewhere, China's Foreign Ministry said on Tuesday, after a rebuffed attempt by a Chinese firm to lease an island in the Solomons. The Solomon Islands government said last week a deal signed by one of its provinces to lease the entire island of Tulagi to a Chinese company is unlawful and should be terminated, a move applauded by United States. Details of the long-term lease between the Solomons' Central Province and China Sam Enterprise Group were made public shortly after the Pacific nation switched diplomatic ties to Beijing from Taiwan in September.




from Yahoo News - Latest News & Headlines https://ift.tt/36fNFz9
via IFTTT

Comments

Popular posts from this blog

New top story on Hacker News: Show HN: Zipy.ai - Like Sentry + Hotjar, but with less noise

Scallops row warnings 'fell on deaf ears', say UK fishermen, after French 'hurl rocks and smoke bombs' at boats