 In the wake of riots in Nuku'alofa in 2006, China's Export-Import Bank gave Tonga a $118m loan at an interest rate of only 2% with payments now deferred until 2018.Much of it was used for construction, and paid to Chinese construction companies.In April 2008, Tongan King George Tupou V visited China, reaffirmed his country's adherence to the "One China" policy, and, according to the Chinese State news agency Xinhua, "supported the measures adopted to handle the incident in Lhasa".