China Eastern gets 20b yuan credit

Updated: 2012-07-04 15:35

(China Daily)

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Shanghai Pudong Development Bank will offer 20 billion yuan in credit to China Eastern Airlines Corporation Limited according to an agreement the two signed recently.

The move follows the airline's receipt of 10 billion yuan in credit from the Pudong Development Bank in 2009.

The two listed joint-stock companies have enjoyed close cooperation since 2001.

Agencies - China Daily