China–Morocco relations

China–Morocco relations

China–Morocco relations

China

Morocco

China–Morocco relations refer to the bilateral relations between China and Morocco. China and Morocco established diplomatic relations in November 1958.[1]
Chinese development finance to Morocco[edit]
From 2000 to 2012, there are approximately 36 Chinese official development finance projects identified in Morocco through various media reports.[2] These projects range from a $248 million MOU with the Export-Import Bank of China to build the Berchid-Beni Mellal highway in 2011,[3] to a CNY 150 million preferential loan agreement in Rabat to build and equip eight private general hospitals in various regions in Morocco.[4]
In November 2016, Morocco announced it is currently planning to develop a new economic hub in the north of the country, with the assistance of development organisations and Chinese multinationals, including the international aeronautics firm Haite Group, Morocco-China International and BMCE Bank of Africa. The project is projected to cost $US11 billion.[5]
References[edit]

^ http://www.china.org.cn/english/features/focac/183433.htm
^ Austin Strange, Bradley C. Parks, Michael J. Tierney, Andreas Fuchs, Axel Dreher, and Vijaya Ramachandran. 2013. China’s Development Finance to Africa: A Media-Based Approach to Data Collection. CGD Working Paper 323. Washington DC: Center for Global Development.http://china.aiddata.org
^ Strange, Parks, Tierney, Fuchs, Dreher, and Ramachandran, China’s Development Finance to Africa: A Media-Based Approach to Data Collection.http://aiddatachina.org/projects/2065
^ Strange, Parks, Tierney, Fuchs, Dreher, and Ramachandran, China’s Development Finance to Africa: A Media-Based Approach to Data Collection.http://aiddatachina.org/projects/1819
^ “Morocco Plans to Partner With China to Construct a New Industrial City”. 

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