As noted in the link I provided (and yours too), the difference is that Nornickel issued them on the Moscow Exchange. The upcoming bonds will be issued in the Chinese domestic market.
Renminbi (RMB)/Yuan Appreciation & Internationalization
- Thread starter supercat
- Start date
As noted in the link I provided (and yours too), the difference is that Nornickel issued them on the Moscow Exchange. The upcoming bonds will be issued in the Chinese domestic market.
I would imagine they get the profits more through long term service contracts rather than through the construction costs. It also buys them political influence. Even with lousy economies and unstable governments, the costs can still be recouped through electricity usage and billing across a long enough time frame. Even a new government will still need electricity. Government decision makers leaning towards reneging can probably be implicitly threatened with the possibility of assassination for themselves and their families. In short, I doubt anyone is losing sleep over possibility of losing money on nuclear reactors. It's just as much a political project as it is an infrastructure one.
big announcement here from China and Indonesia central bank. I do wonder when we will hear this for more Asian countries.
China Merchants Bank (Europe) and France's Baudouin on Saturday (French time) signed a yuan financing agreement in Marseille, France, with a financing amount of 110 million yuan ($15.45 million), marking the first yuan financing deal in the South of France, according to an article released by the official WeChat account of the Chinese Consulate General in Marseille..
Slight detail, Baudouin is already acquired by Weichai Power by 2009. You god damn Chinese imperialists what are you doing? lol