Alibaba offers $2.86 billion in loans to firms hit by coronavirus outbreak
February 10, 2020Oil dips on weaker Chinese demand, traders await OPEC+ cuts
February 10, 2020Exclusive: Hundreds of Chinese firms seek billions in loans amid coronavirus outbreak – sources
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More than 300 Chinese firms including Meituan Dianping , China’s largest food delivery company, and smartphone maker Xiaomi Corp are seeking bank loans totaling at least 57.4 billion yuan ($8.2 billion) to soften the impact of the coronavirus, two banking sources said.
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