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Chalco to Favor Bonds Over Loans After Market Rates Double: China Credit
Edited by : AL CIRCLE
1 min read
... Aluminum Corp. of China Ltd., the nation’s biggest producer of the metal, is increasing bond sales to fund expansion after China’s market rates for loans doubled in a year. .... than double its short- and medium-term debt to 47 billion yuan ($7.1 billion) by June 2012, company filings show. ...
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