Huarong Secures Funding From State Banks

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  • Bloomberg Markets and Finance published this video item, entitled “Huarong Secures Funding From State Banks” – below is their description.

    May.17 — China Huarong Asset Management Co. is said to have reached funding agreements with some state-owned banks to help bridge their funding gap. That’s according to people familiar with the matter. Bloomberg’s Rebecca Choong Wilkins reports on “Bloomberg Markets: China Open.”

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    China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes the former nations of Tibet and Hong Kong. The capital is Beijing.

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