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China Banks to Provide $120 Billion Loan for Infrastructure Spending, Stimulus Package to Support Economy
3rd June 2022 | Hong Kong
At the China State Council meeting, China Premier Li Keqiang announced $120 billion of bank loans to support infrastructure spending, an economic stimulus package to support China’s economy. The $120 billion spending stimulus will be funded via China’s state-owned banks: Bank of China, China Construction Bank, ICBC and Agricultural Bank of China.
“ China Banks to Provide $120 Billion Loan for Infrastructure Spending “
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