Tracking Chinese Development Finance - Beta

Tracking Chinese Development Finance - Beta

China commits 100 million RMB funding for Confucius Institute
$18,576,781.55 to Zambia in 2010 | ID: 30680

Project Details:

  • Intent: Representational
  • Status: Completion
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Transactions:

  • $18,576,781.55 USD-2014 (100,000,000.00 CNY, $14,770,461.79 USD in 2010)
  • Confucius_institute_at_zambida_(3)
  • Zambia_confucius_institute_2
  • Zambia_confucius_institute

Description:

  • In September, 2010 China established a Confucius Institute at the University of Zambia in Lusaka in cooperation with Hebei University of Economics and Business. On April 4th 2013, China signed an agreement signed a 100 million RMB agreement on economic and technical co-operation to supplement funding of the Confucius Institute at the University of Zambia. This agreement was signed by President Michael Sata and Chinese President Xi Jingping. They also signed other 6 bilateral agreements that will provide economic and technical support meant to strengthen ties between the two countries. In June 30th 2014, Chinese Vice President attended groundbreaking ceremony for the new Confucius Institute Building at University of Zambia.

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Participating Organizations:

Contacts:

  • Sande Ngalande/LI Qingjun

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