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Published on 6/27/2005 in the Prospect News Emerging Markets Daily.

China Unicom plans to issue 10 billion yuan of short-term commercial paper

By Reshmi Basu

New York, June 27 - China Unicom Corp. Ltd. said it plans to issue up to 10 billion yuan of commercial paper, upon receiving approval from the People's Bank of China.

The debt will be issued within one year of receiving approval.

Hong Kong's China Unicom is a telecommunications company and a wholly owned subsidiary of China Unicom Limited.


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