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From the article (emphasis mine): > CEFC has risen suddenly from a little known Chinese company to a major player in the global energy business, with investmen
by thisisit 9y ago
From the article (emphasis mine):
> CEFC has risen suddenly from a little known Chinese company to a major player in the global energy business, with investments in Europe, the Middle East, Central Asia and Africa.
The whole little known to major player seems to be becoming a recurring theme for Chinese companies.
- baybal2 9y agoNothing surprising. CCP is rather crude in the way they create proxy companies to hide direct involvement of the party. They do not learn that it is always looks suspicious if a never heard of entity begins moving 10 digit sums around.
- mattnewton 9y agoMaybe they don’t learn, maybe they don’t care: it’s how they play ball in their home court, they bet they can do it elsewhere too.
- TaylorGood 9y agoA friend operates a real estate development company in a country different than China. He was offered a partnership from a Chinese heir that included endless capital and leveraging the family portfolio as their past experience. Thus, overnight they are a major player developing some of the largest footprints in the country.