China-Arab states special loans are two special credit lines established by China in announcements in 2016 and 2018 in the amount of US$15 billion and $20 billion respectively. Both announcements were made in speeches given by
CCP General Secretary Xi Jinping that called for jointly building the
Belt and Road Initiative, China's global economic connectivity plan.
2016 special loan The $15 billion special loan for infrastructure and manufacturing was announced in January 2016 during a visit by Xi Jinping at the
Arab League. The loan program in 2016 was announced as part of a larger financial package that had a heavy emphasis on business and investment. In addition to the $15 billion special credit line, US$10 billion of commercial loans and US$10 billion of
concessional loans (foreign aid loans) were announced. The launch in December 2015 of the $10 billion UAE-China Joint Investment Fund was also noted. The 2018 announcement took on a different tone from the one in 2016 with pledges of help for reconstruction of war torn countries. The $20 billion special credit line was paired with a 600 million yuan humanitarian and reconstruction aid for Syria, Yemen, Jordan and Lebanon and a further 1 billion yuan was offered to support "social stability efforts". Also announced in 2018 was a China-Arab Countries Interbank Association with $3 billion in funding from
China Development Bank for interbank credits with local banks in the region. ==Timeline of summits==