Money

World Bank OKs $150m loan to Shandong

(China Daily)
Updated: 2011-06-11 10:33

The World Bank has approved a $150 million loan to China for improvements in energy efficiency in the eastern province of Shandong, the bank said in an emailed statement.

The loan will help to increase the use of biomass for power and heat generation and will include energy-efficiency leasing arrangements, the statement said.

Agencies