China Business News: BOC to provide RMB 80 bln in credit to China Shipping

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BOC to provide RMB 80 bln in credit to China Shipping

Oct. 15, 2009 (China Knowledge) - Bank of China Ltd<601988><3988>, the country's fourth-biggest bank by assets, on Tuesday signed a strategic cooperation agreement with China Shipping Group Co, the parent of the country's biggest container-shipping firm, China Shipping Container Lines Co Ltd<601866><2866>, according to a statement published on China Shipping Group's website

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