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China $3.7 billion loan not yet done deal

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July 20, 2012, 2:44 p.m. | Business — by Svitlana Tuchynska

Chinese President Hu Jintao (right) in Ukraine on a June 18-20 visit, when he held talks with President Viktor Yanukovych. Both nations inked a series of political and trade documents then as part of the Chinese leader’s tour that included stopovers in Kazakhstan and Russia.
© president.gov.ua

Svitlana Tuchynska

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Contrary to recent reports, Ukraine has not yet finalized a record-sized $3.7 billion loan deal with the People’s Republic of China for coal gasification, an informed source in the Chinese government said.
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