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Korea Development Bank in pact with Chinese city

Korea Development Bank in pact with Chinese city

(China) - Korea Development Bank has signed a pact with northeastern Chinese city Shenyang to boost investment co-operation in a range of areas. Under the agreement, the two sides will co-operate in the financing of infrastructure, tourism, environmental protection and resource development projects.

Korea Development Bank says that since the establishment of diplomatic ties between South Korea and China in 1992, more than 1000 Korean businesses have set up business in Liaoning province, of which Shenyang is capital.
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