Well, the China Development Bank provides development oriented finance for government projects of national priority. (that's the mission).
BTW, Hanlong was also shoved $500M into it's pocket by Beijing (CDB) to buy Moly Mines subject to NDRC approval. Hanlong was a private vehicle doing Beijing's bidding.
(IMO) It just so happens Liu is the top dog (and his demise was just a matter of time).
If China could really have had Mlabam-Nabeba for $1.4B, the Chinese could instead nab Liu 2 days later after providing the CDB funding term sheet to wrap up the deal or formally arrested Liu and have his deputy complete the deal (rather than hiding him for a year only to be hung out at the most opportune time to shake lose the legacy baggage).
It's so lame.
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