JinkoSolar Scores $1B Infusion

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JinkoSolar (NYSE:JKS) is the latest company to benefit from the Chinese government’s efforts to prop up its domestic solar industry. The company has entered into a strategic agreement for $1 billion in financing over the next five years from the Guangdong Branch of China Development Bank (CDB). The financing is a boon to the company, but even more importantly, many observers see it as China’s first steps toward picking “winners...

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