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To: arun gera who wrote (87839)3/9/2012 9:20:45 AM
From: elmatador  Respond to of 218380
 
the exporters are subsidized by the rest:

Huawei’s $30 Billion China Credit Opens Doors in Brazil, Mexico
By Bloomberg News - Apr 25, 2011 1:03 AM GMT+0100
When Tele Norte Leste Participacoes SA (TNLP3), Brazil’s biggest land-line company, was shopping for network equipment last year, Huawei Technologies Co.’s offer had an edge: access to China Development Bank’s $30 billion credit line.

bloomberg.com



To: arun gera who wrote (87839)3/9/2012 9:23:06 AM
From: elmatador  Respond to of 218380
 
the exporters are subsidized by the rest: "In the last two years, Huawei and ZTE secured a total of at least USD55 billion in credit facility from Chinese policy banks to support their expansion into overseas markets."
analysysmason.com


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