China to back Swedish small, medium firms with loans

Newswire

STOCKHOLM, May 29 (Reuters) - China's government has signed a deal with Sweden for loans to small and medium-sized firms, which media reports said could be worth 1 billion euros ($1.25 billion), a sign of further Chinese interest in the Nordic state after buying car maker Volvo. Sweden's Industry Ministry said in a statement an investment agreement was signed during a visit by Industry Minister Annie Loof to Beijing. It named no figures but Swedish television said on its website that ...

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