Originally Posted by
cxhk
The US$5 billion loan / debt that everyone seem to like to quote is the HK$39 billion line of credit that the government had extended to CX... However, the not too intelligent / very ill informed people on this forum often don't look into the details... That US$5 billion / HK$39 billion dollar loan from.thr government was a line of credit, but CX has actually NOT drawn one cent from that line of credit even thought it was made available and then subsequent extended past the original availability deadline... What people don't seem to get is that, a line of credit NOT used is not debt... It is only debt if CX drawn and taken money out of it.