The praise was at odds with Speaker Nasheed's criticism of Chinese debt.
President Solih dismissed the opposition's criticism over debt and sovereignty.
US$660 million was disbursed to 24 companies.
China has financed Maldives projects with loans in excess of a billion dollars.
Chinese state-run media backed "mutually beneficial cooperation" to continue under Solih.
The Maldives is heavily indebted to China.
The three largest Chinese projects in the Maldives are said to be worth $1.5 billion.
Overdue infrastructure development would take decades without foreign loans, Yameen contended.
The Maldives has been borrowing heavily from China, but details of the loan are not clear.
Former president Mohamed Nasheed said he will renegotiate the Maldives’ debt to China, accusing Beijing of dragging Maldives into a debt trap. Nasheed, who won the...
The IMF and World Bank say major building projects have the capacity to transform the Maldivian economy, but are concerned about the high debt being fuelled...
In the face of criticism from the opposition, the finance ministry said the Maldives' first ever international sovereign bond issuance would help raise finances for infrastructure...
President Abdulla Yameen unveiled Wednesday a US$800million plan to expand the Maldives’ main airport. The project, to be financed entirely by loans, was risky, but its...
