Up to $37 billion of that money will go toward the South Asian nation's electricity grid. But as NPR's Philip Reeves reports the challenge now is to make the projects happen.
Congress is giving President Obama new powers to help seal the deal on an ambitious Asia-Pacific free trade agreement, a move that angers many Democrats and unions.
China says 57 countries have signed on as members of the new Asian Infrastructure Investment Bank, but the U.S. is not among them. Some analysts say the bank is a sign of diminished U.S. power.
The State Department has released documents from 1865 that highlight the disbelief and profound sympathy over the president's death from governments and private citizens the world over.
The move, NPR's Frank Langfitt says, is "designed to assuage Hong Kongers angry with mainlanders who buy up goods." Critics say visitors from the mainland have driven up prices in Hong Kong.
The scale of China's construction in the South China Sea's Spratly Islands is clear in new satellite images released by the Asia Maritime Transparency Initiative, whose director speaks with NPR.
In the past, rural Chinese seeking success left their families and found work on the coast. Now, high wages mean factories are shifting inland and migrants are delighted to be following them home.
Bi Fujian, one of the country's most popular television presenters, recently ran afoul of his employer, state-run CCTV, for a parody song he performed at a private banquet.