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Old 7th Feb 2022, 14:22
  #54 (permalink)  
anxiao
 
Join Date: Dec 2016
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According to Bloomberg the loan is structured like a developing country loan. In 2026 the annual repayment will be more that Cathay Pacific have ever made as a profit in a year.

A developing country has to give a sea port or a third of its agricultural produce to offset the loan. Cathay will have to give most of itself. Such is "Capitalism with Chinese characteristics"
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