|
Bank of China extends massive credit to state aircraft maker
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 2009-03-16 |
| http://www.rantburg.com/poparticle.php?ID=265167 |