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TCL Expects International Expansion With New Loan
August 9, 2005 |
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Comments | Category: Gadgets & Electronics
TCL Group has signed a loan agreement with China Development Bank to receive CNY8 billion in the coming five years.
TCL plans to use the money to bring its multimedia, mobile communications and home appliance services to an international market.
In the last four months, TCL has forged strategic financial partnerships with China Export and Import Bank and the China Export Credit and Insurance Company.
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