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ZTE signs financing deal with China Development Bank
Posted: 04-Dec-2012 [Source: Reuters]

[The principal terms of the Agreement include the provision by CDB of a USD20 billion facility for cooperation, comprising financing facilities for the Company’s overseas projects and credit facilities for the Company. ]

Hong Kong (Reuters) -- "ZTE Corp, the world's No.5 telecom equipment maker, said on Tuesday it had signed a $20 billion financing agreement with Chinese policy bank China Development Bank (CDB)."

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