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China's COSCO secures $26 bln financing pledge from CDB

SHANGHAI, Jan 12 (Reuters) - COSCO Shipping Corporation said policy lender China Development Bank has pledged to provide it with 180 billion yuan ($26 billion) in financing in the years through 2021 to support the Chinese shipping giant's business development. [Source]

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Origin: reuters.com

Category: industrialsSector

Topics: financing, COSCO, business development, giant's, shipping, Chinese, support, years through, billion), billion, it with, provide, pledged, Development, China, lender, said policy, Corporation, Shipping, (Reuters), SHANGHAI, pledge, secures, China's

Source: http://www.reuters.com/article/cosco-china-development-bank-idUSL4N1F22SF?feedType=RSS&feedName=industrialsSector