China's Maike secures new investment, partners with Russian organisation

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BEIJING : Cash-strapped Chinese metals trader Maike Group said on Wednesday it established strategic partnerships with a unit of Russia's United Russia party and the Hong Kong-based China Sea Inspection Group.Commodity trading company China Sea has agreed to invest in Maike, the latter's chairman He Jinbi

BEIJING : Cash-strapped Chinese metals trader Maike Group said on Wednesday it established strategic partnerships with a unit of Russia's United Russia party and the Hong Kong-based China Sea Inspection Group.

The partnerships will help the company overcome operational difficulties and resolve major debts, Maike said in a statement on its official Wechat account.

 

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