China Business News: China Exim Bank lends RMB 40 bln in Jan-May

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China Exim Bank lends RMB 40 bln in Jan-May

Jun. 5, 2009 (China Knowledge) - China Export-Import Bank (China Exim Bank), one of China’s policy-oriented banks, extended a total of RMB 40 billion in loans in the first five months of this year, said Li Ruogu, president of China Exim Bank, the official Xinhua News Agency reported on Tuesday.The figure accounted for 50% of the lender's loan target for 2009.Li stated that the loans mainly went to

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