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re: China buying lots of soybeans and pork....
Posted on 9/24/19 at 7:38 am to trinidadtiger
Posted on 9/24/19 at 7:38 am to trinidadtiger
yup. We are #1 at food and its not even close. They cant get it elsewhere.
Also, Thomas Cook went tits up. Why? They couldnt get more money from their Chinese owners. Whats a big problem in China right now that no one is talking about? Liquidity.
Need to do some more digging here but I find it curious they couldnt get that deal to work out.
Also, Thomas Cook went tits up. Why? They couldnt get more money from their Chinese owners. Whats a big problem in China right now that no one is talking about? Liquidity.
Need to do some more digging here but I find it curious they couldnt get that deal to work out.
1
Posted on 9/24/19 at 10:18 am to UnitedFruitCompany
quote:The Chinese "owners" (one Chinese company owned 7% of Cook's stock) offered to loan Cook 450 million UK pounds but Cook's consortium of banks, including the Royal Bank of Scotland, blocked it.
They couldnt get more money from their Chinese owners.
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