CRI听力:Geely Borrows 20 Bln for Overseas Expansion
2014-03-22来源:CRI
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Chinese carmaker Geely has taken out loans worth 20 billion yuan from the Export-Import Bank of China.
Geely says the loan will be used mainly to construct plants overseas and ease cash flow issues.
The money will also toward the export and import of key components and international logistics bases.
For more on the move, we're joined on the line is Benjamin Cavender, Associate Principal at China Market Research Group.
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