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China-Japan-Koreas |
Bank of China extends massive credit to state aircraft maker |
2009-03-16 |
The Bank of China will extend a credit line of 60 billion yuan (8.78 billion dollars) to Aviation Industry Corp. of China, the country's main state-owned aircraft builder, state media said Friday. Under the agreement signed Friday, the bank pledged to build a "long-term, comprehensive" strategic partnership with AICC and help the group expand overseas, the official Xinhua news agency reported. |
Posted by:3dc |