East Timor Seeking Chinese Investment, Ramos-Horta Says
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East Timor is seeking Chinese investment to help diversify its economy and rely less on revenue from oil and natural gas production, President Jose Ramos-Horta said.
“We want Chinese presence in our country in terms of investment,” Ramos-Horta said at a media briefing in Hong Kong today after speaking at an investors’ forum. Ports and roads are one area of development, he said.