CORRECTED – China as lender of last resort … more than just a loan

January 27, 2012 | FINANCE

(Deletes paragraph 15. Duke's partnerships with Chinese firms preceded and are separate from the credit facility) HONG KONG (Reuters) – China is filling a lending vacuum in Asia as European banks limp home to preserve capital, and is making sure loans have spin-off benefits for Chinese manufacturers and exporters, even at the expense of the rates they offer. Cash-strapped businesses looking to …
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