Bank of China to provide $4.8 billion financing for winter sports from 2018-2024 - chairman
BEIJING (Reuters) - Bank of China Ltd (BoC) will provide 30 billion yuan ($4.79 billion) financing for the winter sports industry over the next seven years, said its chairman. The sum will be provided from 2018 to 2024, BoC Chairman Chen Siqing said at a press conference held in Beijing on Tuesday. China is hosting the 2022 Winter Olympics. (Reporting by Shu Zhang in Beijing and Brenda Goh in Shanghai; Writing by Engen Tham; Editing by Subhranshu Sahu)