CHINA LOAN
July 1st, 2003
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation, of the World Bank, is lending US$22 million loan to a Chinese pork producer. The Jilin Huazheng Agricultural Development Company Ltd will increase its pig breeding farms, upgrade slaughtering capacity, and build a new processing plant for ready-to-eat packaged meats. It is working with PIC-China, owned by the USA's pig genetics giant Sygen International.
THE INTERNATIONAL Finance Corporation, of the World Bank, is lending US$22 million loan to a Chinese pork producer. The Jilin Huazheng Agricultural Development Company Ltd will increase its pig breeding farms, upgrade slaughtering capacity, and build a new processing plant for ready-to-eat packaged meats. It is working with PIC-China, owned by the USA's pig genetics giant Sygen International.
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