Animal feed loan approved

PUBLISHED : Thursday, 18 April, 1996, 12:00am
UPDATED : Thursday, 18 April, 1996, 12:00am

The World Bank has approved a US$150 million loan to China as part of a US$327 million animal feed project, Xinhua (the New China News Agency) says.


The agency said the project was essentially a financial intermediation operation designed to increase feed supply and strengthen the feed sector's infrastructure.