IN BRIEF (Page 14)
China Daily | Updated: 2008-03-13 07:27
Credit deal
China Metallurgical Group Corp (MCC), a State-owned conglomerate, yesterday signed an agreement with Bank of China (BOC) for a credit support of 55 billion yuan for loans, letter of credit, trade financing and guarantee.
MCC is engaged in engineering, procurement and construction (EPC), resource exploration, paper making, equipment manufacturing and real estate industries, with assets totaling 145 billion yuan.
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