China Exim Bank may provide loans for Chinalco's Rio buy

Export-Import Bank of China, a state bank that promotes Chinese exports and outbound investment, will consider providing loans to Aluminum Corp of China (Chinalco) for its stake purchase in Rio Tinto (RIO.L)(RIO.AX), its chairman and governor Li Ruogu said on Tuesday.

The policy bank's total loans this year will reach 200 billion yuan ($29.24 billion), Li said on the sidelines of the annual parliament session in Beijing.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.