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BRIEF-COSCO Shipping Development to set up logistics industry JV
September 19, 2017 / 10:59 AM / in 3 months

BRIEF-COSCO Shipping Development to set up logistics industry JV

Sept 19 (Reuters) - COSCO Shipping Development Co Ltd

* Says it plans to invest 150 million yuan ($22.78 million) to set up logistics industry JV with initial size of 10.0 billion yuan

Source text in Chinese: bit.ly/2heVBrD

Further company coverage: ($1 = 6.5840 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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