), a top Chinese glass maker, is raising 600 million yuan via a three-year virus bond, but the company said 500 million yuan will be used to repay bank loans.
Pig-producer Muyuan Foods said about half of the proceeds from its planned 500 million yuan bond issuance will be used to repay bank loans, while the remainder will be used to ensure adequate meat supply during the outbreak. Jointown, the biggest private pharmaceutical firm in Hubei province, the virus epicenter, said it was facing challenges supplying facial masks, protective suits and medicines.
😂 'in a move that shocks no one, corporations continue to exploit human catastrophe for profit.' TIFIFY
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Charlie Munger: The Strongest Companies In The World Are In China, Not America“Chinese companies are stronger than ours,” Munger said in an annual address. Warren will soon be relocating and be known as.. The Oracle of Shanghai - Charlie Munger of Berkshire Hathaway: The Strongest Companies In The World Are In China, Not America ? Obviously. The PRC is in itself a corporation at this point, only rivalled by Aramco
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