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China Development Bank, a development financial institution, raised 13.5 billion yuan on Feb 6 through the issuance of one-year anti-epidemic-themed bonds at a yield of 1.65 percent.
China PolyGroup Corp, a State-run conglomerate, has also promised to close inefficient coal mines and reorganize 39 of its zombie companies to improve profits in three years.
China Cinda Asset Management Co Ltd and China Orient Asset Management Co Ltd, two of the eight investors, will contribute around 5 billion yuan and 2 billion yuan, respectively, toward servicing debt of CSIC's Dalian Shipbuilding Industry Co Ltd and Wuchang Shipbuilding Industry Group Co Ltd, according to a recent filing made to the Shanghai Stock Exchange. In return, they would pick up equity in the two CSIC subsidiaries.
China and Pakistan supported Afghanistan to make itself a regional pivot by giving a full play of its geographical advantages and to benefit from regional cooperative projects including the China-Pakistan Economic Corridor, he noted.
China Telecommunications Corp, the country's third largest telecom carrier by mobile subscribers, said on Wednesday that Brazilian telecom company Oi SA was among the several potential targets it had considered for investment, Bloomberg reported.
来源：资阳报