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 The World Uighur Network News 2009

Double Standard Loan Policy

2009-02-15

Chinese media reported in February 14 that, government institution loan given to the poverty strike areas in north East Turkistan which heavily populated with Uyghurs is over one hundred billion in this year. But they did not mention the extreme poverty of poor Uyghur farmers that in heavy debt, because of high interest rate and how they forced by the government workers to take a loan for high agricultural operational costs that designed by the government. On the other side, Chinese farmers and solders are benefitted from interest relief or full subsidies when they apply for the loan between 20,000 Yuan and 50,000 Yuan, if they would like to open small business. This indicates that Chinese government fully supporting non- farm activities of Chinese farmers but not the Uyghur farmers. Chinese media report said that 150 million Yuan distributed to over 7400 personal with no interests to support their small business.

 


Copyright © www.uygur.org . All rights reserved 15.02.2009 10:37   A. Karakash