HUAWEI ASSISTED WITH USD 600 MILLION FROM EXIMBANK
AsiaInfo Services, February, 2004
AsiaInfo Services 02-19-2004 Huawei Assisted with USD 600 Million from Eximbank SHENZHEN, Feb 19, 2004 (SinoCast via COMTEX) -- To support Huawei in its overseas marking and expanding, Huawei Technologies Co., Ltd. and the Export-Import Bank of China (Eximbank) signed a framework agreement of USD 600 million on export credit at the headquarters of Huawei Technologies Co., Ltd., Shenzhen, on February 13, 2003. Huawei started international markets cultivating in 1996.
Afteryears of effort, Huawei has set up agents and branches in more than 40 countries. The sales in Huawei's overseas markets were USD 550 million in 2002, and that in 2003 reached USD 1.05 billion. The Export-Import Bank of China has been focusing on high-tech products for ten years ever since...
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