Diesel engine producer gets US$176m bank loan package

Automotive

Saturday, August 30, 2008 06:01:44

	Diesel engine producer gets US$176m bank loan package By STAFF EDITOR Published: July 17, 2008 06:23 PM BFCEC, a Beijing-based engine producer in which Beiqi Foton Motor Co (600166.SH) holds a 50% stake, has been granted a US$176.18 million (RMB1.2 billion) loan package by China Construction Bank and Minsheng Bank, the Securities ... You are currently reading 35 words of 107 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: investment , Beijing , China Construction Bank , Cummins	More Articles in Automotive > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Nanjing Automobile refuses comment on rumor US expansion plan scotched Auto industry: costs up, profit margins down Raised sales tax on big cars unlikely to slow sales China’s medium-end auto market gets fiercer Engine maker JV unveiled in Beijing Battery vehicle plant launched in Tianjin AviChina 1H turnover stagnates amid falling aero part sales

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