On railway loans

Source:Global Times Published: 2013-3-13 22:13:00

"The newly established China Railway Corporation will cover the loans issued by commercial banks to the Ministry of Railways, the bonds issued by the ministry, and the loans received by the companies under the ministry from commercial banks. The government's supporting policies on the ministry in terms of original bonds and loans will not change."

Liu Shiyu, deputy governor of the People's Bank of China, speaking at a press conference Wednesday on the sidelines of the two sessions.

Posted in: Companies, Voices

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