China East­ern deal

Global Times - - Bizoverview -

China East­ern an­nounced on Tues­day that it had signed a strate­gic co­op­er­a­tion frame­work with de­vel­oper Vanke Group in­volv­ing sec­tors such as prop­erty, air trans­port and fi­nance, the Se­cu­ri­ties Times re­ported on Tues­day.

Vanke chair­man Yu Liang said that the co­op­er­a­tion will pro­vide new sources of profit growth and ac­cel­er­ate the prop­erty gi­ant’s trans­for­ma­tion, the re­port noted.

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