China’s state-owned Bank of Communications has agreed to provide a Rmb120bn ($16.8bn) credit line to Chinese developer Vanke and Midea Real Estate, in a clear sign of greater government support for stronger players in the country’s struggling real estate sector.BoCom, China’s sixth-largest bank by assets, said on Wednesday the loans would support the developers’ needs in “project developments, mortgages, merger and acquisition deals, bond investment, letter of guarantee and supply chain financing”.
manbetx3.0 国有的交通银行(BOCOM)已同意向manbetx3.0 房地产开发商万科(Vanke)和美的置业(Midea Real Estate)总计提供1200亿元人民币（合168亿美元）的意向性授信额度，这是一个明显迹象，表明manbetx3.0 当局加大了对陷入困境的manbetx3.0 房地产行业中实力较强的企业的支持力度。
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