Shanghai banks finance Zhejiang deep-water port
China Daily
Shanghai signed contracts last week with 10 domestic banks to
grant 7.5 billion yuan (US$907 million) in loans and 17 billion
yuan (US$2 billion) in credit to support the first phase of the
Yangshan deep-water port, in Zhejiang Province.
To realize its ambition of becoming an international shipping
centre, Shanghai, after nearly six years of
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