China, US to inject $20 bn to boost global commerce

December 5th, 2008 - 1:05 pm ICT by IANS  

Beijing, Dec 5 (Xinhua) China and the United States Friday said they would inject $20 billion for trade finance to prop global commerce. “The two export-import banks (in US and China) will make available an additional $20 billion for trade finance, particularly for creditworthy importers in developing countries,” US Treasury Secretary Henry Paulson told reporters here.

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