China's one billion dollar aid to the Pacific has been described as \fairly significant\ but analysts say it remains to be seen how the money will be distributed, reports ABC.The Director of the Melanesia program at the Lowy Institute for International Policy Jenny Hayward Jones says it is a big announcement.Chinese Vice Premier Wang Yang announced on Friday that the government will provide the concessionary loan to Pacific island nations to support construction projects, state media reported.Vice Premier Wang Yang made the announcement at a forum with Pacific island nations but no other details on the loan were provided.Pacific nations \need to be careful