China Hosts Egypt's New President

Though the country is wary of the Arab Spring revolution.


China is hosting Egypt's newly elected president despite its uneasiness with the Arab Spring revolution that helped bring him to power, while the new leader seeks to shore up his country's flagging economy.

On the first day of President Mohammed Morsi's trip, China on Tuesday pledged $200 million in credit for the National Bank of Egypt and leaders signed agreements on agriculture, telecommunications, the environment and other areas.