China Exim Bank to provide 100 bln yuan credit for AVIC
The Export-Import Bank of China (China Exim Bank) on Thursday signed on 100 billion yuan (14.6 billion U.S. dollars) of loans for the Aviation Industry Corporation of China (AVIC).
The Export-Import Bank of China (China Exim Bank) on Thursday signed on 100 billion yuan (14.6 billion U.S. dollars) of loans for the Aviation Industry Corporation of China (AVIC).
The credit will be used to support the AVIC's businesses such as exporting high-tech and mechanical products, making overseas investment and importing technologies and equipment in the next five years, said the China Exim Bank in a statement.
