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petepan

1,708 Posts.

18/03/15

09:48

Post #: 14932565
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Originally posted by funkman ↑

Chinese companies regularly hold massive amounts of cash in China. In case you didn't know, to get a loan in China is fraught with every obstacle under the sun. Using this cash in a way that supports the company is the goal of Mr Xu.

This is an old issue that has been dealt with before. I know this as fact. There is no issue here except your intemperate ignorance. Now go away.

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There is no obstacle to them holding cash in term deposits.

If you say this has been dealt before, post the link.

SBB Price at posting: 5.1¢ Sentiment: Sell Disclosure: Not Held
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