The Export-Import Bank of China is loaning RMB5 billion ($610 million) to Chery Automobile Co. Ltd. for the auto maker overseas business expansion. The bank says the loan will aid Chery in foreign investment and overseas contracts for its cars and other mechanical, electrical and high-tech products. Chery QQ Chery’s most recent overseas scheme is to become the first importer and distributor of a lineup of Chinese-built vehicles in the U.S. starting in January 2007. Working through ...

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