ADB okays $300m loan to fund greening of Chinese coal city

ADB okays $300m loan to fund greening of Chinese coal city

File photo: A worker walks past inside the Asian Development Bank (ADB) headquarters in Manila June 17, 2009. REUTERS/Cheryl Ravelo

The Asian Development Bank (ADB) said on Saturday it had approved a $300 million loan to an industrial city in a major Chinese coal-producing province to help “catalyse green” transformation of the city of 3 million people.

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