March 27, 2018 / 1:26 AM / a month ago

Bank of China to provide $4.8 bln financing for winter sports from 2018-2024 - chairman

BEIJING, March 27 (Reuters) - Bank of China Ltd (BoC) will provide 30 billion yuan ($4.79 billion) financing for the winter sports industry over the next seven years, said its chairman.

The sum will be provided from 2018 to 2024, BoC Chairman Chen Siqing said at a press conference held in Beijing on Tuesday. China is hosting the 2022 Winter Olympics. ($1 = 6.2685 Chinese yuan) (Reporting by Shu Zhang in Beijing and Brenda Goh in Shanghai Writing by Engen Tham; Editing by Subhranshu Sahu)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below