Showing posts with label letters of credit. Show all posts
Showing posts with label letters of credit. Show all posts

Friday, October 16, 2015

We provide Fresh Cut BG, SBLC, DLC & Letters of Credit for lease or rent

We provide Fresh Cut BG, SBLC, DLC & Letters of Credit.

We are direct providers of Fresh Cut BG, SBLC, MTN, DLC and CDs which we have specifically for lease. We do not have any broker chains in this offer or get involved in Chauffer driven offers. We deliver with time and precision as set forth in the Contract Agreement. You are at liberty to engage our leased facilities into trade programs as well as in signature project(s) such as Business expansion projects, Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges and any other turnkey project(s) etc. Our terms and Conditions are reasonable.

DESCRIPTION OF INSTRUMENTS:
1. Instrument: Bank Guarantee (BG)/SBLC
2. Total Face Value: Eur/Usd 1M MIN and Eur/Usd 50B MAX).
3. Issuing Bank: HSBC, Barclays Bank, Standard Chartered, Citibank or AA rated Bank in Western Europe or USA.
4. Age: One Year, One Day
5. Leasing Price: 4% of Face Value plus 1% brokers commission (only if there is a broker involved in the transaction)
6. Delivery SWIFT TO SWIFT.
7. Payment: Wire Transfer.
8.. Hard Copy: Bonded Courier within 7 banking days.

All relevant business information will be provided upon request plus our terms and procedures:

We look forward to doing business with you soonest.

Best Regards,
Dr. Chantha

Skype: accessloans
Twitter:  @accessloankh

Saturday, October 3, 2015

LEASING BANK GUARANTEES USD/EURO 5 M +

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QUESTION: WILL THE TERMS OF ISSUING AND PROVIDING REMAIN THE SAME, OR CAN THERE BE CHANGES?
Answer: This is not a regular banking service. The market of providing financial instruments is constantly on the move and we try to obtain best possible terms at any time. So you must be aware that an indication provided today might not be valid and available tomorrow.

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QUESTION: WHAT IS AN SBLC OR A BANK GUARANTEE?
Answer: An SBLC is a Stand By Letter of Credit. A BG is a Bank Guarantee instrument. It has nothing to do with the classical documentary Letter of Credit, which is used for international trading of commodities. An SBLC is the USA format of the well known Bank Guarantee (BG). The SWIFT message type (MT) is SWIFT MT799 for a pre-advice message and SWIFT MT760 for the actual guarantee instrument transmission.

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QUESTION: HOW IS AN SBLC OR BANK GUARANTEE USED?
Answer: SBLC’s (and BG’s) can be used to enhance your ability to apply for a line of credit with your bank; in other words, it can be used as collateral when your bank is asking for additional comfort when you ask them to fund your project.

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QUESTION: WHAT IS THE TYPICAL VALIDITY PERIOD OF AN SBLC/BG?
Answer: The SBLC/BG is generally issued for 1 year and 1 day (With the option of Rolls and Extension), but can easily be extended up to 5 years, sometimes longer. Once issued the SBLC is transferred to your bank via the SWIFT protocol MT760.

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QUESTION: WHAT ARE BASIC CRITERIA FOR AVAILING AN SBLC OR A BANK GUARANTEE?
Answer: To successfully apply for an SBLC you need to be aware of four vital points: You need to have a good project, You need to have a bank funding your project based on the supporting collateral, You need to have the money to pay for the leasing of the Bank Guarantee or SBLC, You need to have a realistic exit strategy to repay the loan and return the SBLC at the end of the term, or renew the instrument, year after year.

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QUESTION: IS THERE A DIFFERENCE IN APPLYING IF MY BANK IS AWARE OF THE LEASING TRANSACTION OR NOT?
Answer: YES, you have to provide an RWA that is bank endorsed indicating that the SWIFT and bank fees are blocked in your account. If your bank is not aware of your transaction, and you cannot come up with a bank endorsed RWA, then you will have to pay a USD/EUR 5,000.00 processing fee, after application and following invoice. This fee will be credited towards a commission payment that will be due after you followed through with the transaction and your relevant obligations.

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QUESTION: ARE THERE ANY ADVANCE FEES?
Answer: The SWIFT and bank arrangement fees will have to be placed directly with the provider and paid into an account as nominated by the provider after executed contracts and before the SWIFT MT799/760 is sent to your receiving bank. This is fully refundable and credited towards your annual leasing fees.

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QUESTION: WHY SHOULD I PAY FOR SWIFT AND BANK ARRANGEMENT FEES?
Answer: Once you have signed the contract with the provider, and the provider accepted you as a potential client and countersigned the contract, you will receive the provider’s corporate refund undertaking and the invoice for the SWIFT and bank arrangement fees are due to be paid. This fee is refundable and will be credited towards the annual leasing fees. As soon as your payment reaches the provider’s designated account, he will block his cash funds or assets for your transaction and applies for delivery of the SWIFT MT799 and MT760 to your bank. The provider will block his cash or assets for your transaction, once you have paid for the arrangements. You will pay for the actual leasing fees only after receipt and verification of the SWIFT MT760 through your own bank within 7 banking days.

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QUESTION: WHAT ARE THESE SWIFT AND BANK ARRANGEMENT FEES?
Answer: Depending upon the size of your transaction, these SWIFT and bank arrangement fees apply:
USD/EURO 10M TO 49M USD/EURO 50,000.00
USD/EURO 50M TO 99M USD/EURO 70,000.00
USD/EURO 100M TO 199M USD/EURO 100,000.00
USD/EURO 200M TO 499M USD/EURO 200,000.00

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QUESTION: WHEN AND TO WHOM DO I HAVE TO PAY THESE SWIFT AND BANK ARRANGEMENT FEES?
Answer: SWIFT and bank arrangement fees have to be placed directly with the provider into his nominated account. The fees are refundable once the client followed through with payment of the yearly leasing fees

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QUESTION: WHICH FEES ARE INVOLVED IN THIS LEASING TRANSACTION OF USD/EUR 5 M TO USD/EUR 250M?
Answer: The Processing Fee – which is only relevant, if your bank does not confirm that you have the SWIFT and bank arrangement fees ready
The SWIFT and bank arrangement fees – which are relevant in any transaction of less than USD 250 million. These fees will have to be placed with the provider and paid into an account nominated by the provider after contract, refund undertaking and invoice, but before the SWIFT MT799/760 is sent to your receiving bank.
The annual leasing fees and broker commission – This is 6% (leasing fee) and 2% (broker commission) which will have to be paid within 21 banking days of receipt of the financial instrument at your receiving bank and verification by your bank.

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QUESTION: WHAT RECOURSE IS AVAILABLE IF AFTER REMITTING THE SWIFT AND BANK FEES, THE INSTRUMENT IS NOT ISSUED?  IS THIS CONCERN COVERED IN THE CONTRACT BETWEEN THE BORROWER AND THE PROVIDER?
Answer: YES, it is covered in the contract and there is a Corporate Refund Undertaking which spells out the refund in the event the instrument is not issued in line with the contract. Also, there is a 1% penalty payment in the event of default on the contract terms, also if the default is on the side of the provider.

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QUESTION: DO YOU STILL LEASE INSTRUMENTS AT $5M LEVEL OR HAS YOUR Q&A SECTION NOT BE UPDATED?
Answer: Instruments can still be leased at USD/EUR 5,000,000 but in that case the provider will have to combine several transactions, which could possibly result in a slightly longer processing period.

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QUESTION: IF THE SWIFT AND BANK FEES ARE TO BE REFUNDED, WHY MAKE THE APPLICANT PAY IT UPFRONT?
Answer: Because these are costs that occur and have to be paid to conduct the transaction of the client. Why should the provider have to advance these fee payments for the client who is the ultimate beneficiary of the service? Would the client’s own bank send a (any) SWIFT message for the client, if the client’s account is not in funds for them to deduct the transmission fees right away?

Thursday, September 24, 2015

PROJECT FINANCING & FRESH CUT BG, SBLC & DLC FOR LEASE

We offer wholesale pricing for DLC,  (BG) Bank Guarantee / (SBLC) Standby Letter Of Credit and
MTN’s from TOP 10 World Banks
We are next to provider of fresh cut bank instrument for lease/sale, such as BG,SBLC, MTN, Bank Bonds, specifically for lease, at leasing  price of from 4+1 of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA. Leased Instruments can be obtained at minimal expense to the borrower compared to other banking options.
The Leased Instruments includes: BG’s, DLC, Insurance Guarantees, MTN, (SBLC) Standby Letters of Credit and Third Party Guarantees such as a standby forward commitment to purchase or a standby loan. If you are a potential Investor or Principle looking to raise capital, we will be happy to answer any questions that you have about this opportunity and to provide you with all the details regarding this services.
Our BG/SBLC and DLC Financing can help you get your project funded, loan financing, please let me know if you are interested in any of our services, by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding.
BG-SBLC-MTN Monetization
Non-Recourse Loans
The Bank can provide non-recourse loans on Purchase or Lease Bank Collateral BG, MTN, LOC, CD, Bank collateral must be delivered by MT799 or MT760 electronic to funding bank purchase or lease instrument from One Million to 5 Billion. We can assist you with funding against SBLC Credit and Bank Guarantee, MTN, CD and other type of instruments.
The basic questions are:
1. Who issued the instrument?
2. What is the amount of the instrument?
3. Are the instruments leased or owned?
4. Does the client want a loan against the instrument or are they interested in selling the instruments?
5. What is the use of funds?
6. Are you direct to the client?
7. What country is your client located in?
The Funding Process
Complete the standard application and email to Access Loan Ventures Ltd today. We provide full information. After review of your application a loan officer will contact you within 24 hours to discuss your financing request.
If you choose to go forward your request will be submitted to the appropriate non-recourse Lender.
When the Lender review is completed a non-recourse loan agreement will be prepared for your review.
The lender will issued a LOI with wiring instruction to send instrument.
Upon your approval of the MT799 or MT760 swift wire, Instructions will be communicated and the funding process will occur Lease instrument LTV 95%, after interest and fees client nets 85% LTV.
For more details kindly contact us with the following contact information;
Skype: accessloans
Twitter:  @accessloankh

Saturday, August 29, 2015

Legoland

Legoland entrance, California
If you've been following any of my posts lately you may have seen that we like a bit of Lego, chez Scully. Last weekend we wet to Legoland, where everything actually is awesome. It was our second trip to Legoland California (and we went to Legoland Windsor last year too), and you might think that, well Pete loves sketching, he loves Lego, he loves sketching Lego, perfect yes? Well this was the only sketch I did, I was having too much Lego fun! It's a great place for a seven year old (I'm not seven by the way, I'm pushing forty). We stayed a night at the Legoland Hotel, in a knight-themed room, and spent a lot of money in the Big Shop. 
What was nice about this trip was we spent the afternoons either at the hotel pool or at the really fun Chima water-park. Legoland is small enough that you can fit a lot in all in the morning, and it wasn't particularly crowded, which was a surprise for the summertime. Last year at Windsor we waited almost an hour and a half just to get in! Here in Carlsbad there were very few long lines for rides (unlike at Disneyland), and we could just go back to the hotel for a rest if we wanted. 
The Star Wars section is better this year, with a huge Death Star and a bit where my son and I built little spaceships. Yes, everything was awesome. We will be back.
Contact Us Today For Your Loan, International Project Funding, Bank Guarantee, SBLC, DLC & Letters of Credit.
Skype: accessloans
Twitter:  @accessloankh

Asia PPP Market Still Needing Development

Investment in public-private partnership (PPP) projects in Asia will see limited scope for growth over the next two to three years. Infrastructure specific headwinds in major PPP markets such as China and India, coupled with a still-challenging business environment in many ASEAN markets will continue to hinder private sector interest.
We believe interest in public-private partnerships (PPPs) in Asia will remain relatively subdued over the coming two to three years, and expect private investment only to gain significant traction beyond 2017. This is largely attributed to the fact that large PPP markets such as India and China will continue to face headwinds over the coming two to three years, with factors such as unfavourable market structures and high debt levels of companies limiting private investment. Meanwhile, in other markets within Asia, significant challenges to attracting private sector interest remain, and these include: a lack of legal frameworks to execute PPP projects, inadequate institutional capacity and financing constraints.
Data from the World Bank's Private Participation in Infrastructure (PPI) Database indicate that private investment in Asia (includes South Asia, East Asia and Pacific regions as defined by the World Bank) have been on the decline since 2010. In fact, investment in PPP projects hit a six year low of USD18.3bn in 2014, less than one third of the USD69.8bn invested in 2010. Similarly, the number of projects that reached financial closure has also been on the decline since 2011.
Declining Private Investment
East Asia and Pacific & South Asia - Investment In PPP Projects, USDmn
bank guarantee provider




Contact Us Today For Your Loan, International Project Funding, Bank Guarantee, SBLC, DLC & Letters of Credit
Skype: accessloans
Twitter:  @accessloankh

Friday, August 28, 2015

Buying organic veggies at the supermarket is a waste of money

It has happened to all of us. You're standing in the produce aisle, just trying to buy some zucchini, when you face the inevitable choice: Organic or regular?
It's a loaded question that can mean many different things, sometimes all at once: Healthy or pesticide-drenched? Tasty or bland? Fancy or basic? Clean or dirty? Good or bad?
But the most important question for many customers is: Is it worth the extra money?
The answer: Probably not.
Here's why:

Higher price doesn't really mean higher quality

It'll come as no surprise to most shoppers that organic produce is typically more expensive than the other options. In March, a Consumer Reports analysis found that, on average, organic foods were 47% more expensive than their conventional counterparts.USDA numbers bear out this difference too. The wholesale price of a 25-pound sack of organic carrots in San Francisco in 2013, for example, was more than three times the price of a conventional bag.
(It's worth noting that not all items see such drastic markups: Three-pound cartons of mesclun were only 23% more expensive, according to the USDA, and sometimes organic produce is actually the less expensive option—but that's a rarity.)
But this price difference does not just reflect the added cost of organic agriculture techniques: It's also because people will pay more for the label—often without knowing what it means. "Organic" has essentially become another way of saying "luxury."
As a study in the Proceedings of the National Academy of Sciences found, the "premium" markup on organic food is 29-32%, when only a 5-7% markup would be needed to break even—making organic farms more profitable than conventional ones. (Of course, it takes three years of organic practices to get certified, so farmers may still be left covering their additional investment after that period.)

Organic produce is not necessarily better for the environment

There is little doubt that synthetic pesticides and fertilizers substances can have negative impacts on the environment, from potentially endangering pollinators topolluting natural waterways. But many organic farmers, especially the large ones, don't skip pesticides and fertilizers—they just use natural options, which are hardly risk-free.
In 2010, a study found that organic pesticides can actually have a worse environmental impacts than conventional ones. Rotenone, a common organic pesticide made from subtropical plants, for example, is "highly dangerous," Scientific American explains, because it attacks cells' mitochondria (which you may remember from high school biology as the "powerhouses" of cells).
Plus, a recent study found that because organic agriculture is now done mostly en masse by big corporations (what's known dismissively by advocates as "Walmart organic"), the lower yields combined with the use of heavy machinery means it actually releases more greenhouse gases into the atmosphere than conventional farming.
Organic farms aren't necessarily better for the environment.
Organic farms aren't necessarily better for the environment.

Any health benefits from organic produce are teeny-tiny

The science available thus far says any additional nutritional benefit from organic produce, compared with conventional, are very small.
2009 meta-analysis said there was no nutrient difference in organic versus conventional. Since then, two larger meta-analyses have found slight differences, but ones that are probably too small to really matter. The 2012 study found slightly higher phosphorous levels in the organic produce, and a 2014 study found higher antioxidant levels and lower cadmium levels in organic foods.
But as Jeffrey Blumberg, a professor of nutrition at Tufts University told NPR, because there are so many variations within organic and conventional production systems, drawing overarching conclusions about their products isn't really methodologically sound. And any differences in nutrition are relatively insignificant. Ultimately, if you want more nutrients, eat more vegetables, organic or not.

Even the "Dirty Dozen" vegetables we're told to avoid aren't really that dirty

Every year, the Environmental Working Group puts out a highly anticipated list called the "Dirty Dozen"—the fruits and vegetables it says have the highest pesticide residues, and are therefore most worth buying organic.
But in 2011, scientists from the University of California published a report finding that even the fruits and vegetables in the Dirty Dozen had less than 2% of the maximum allowable amount of the measured pesticides established by the US Environmental Protection Agency. The researchers criticized EWG's methodology and concluded that that there was no "appreciable reduction of consumer risks" in eating these organic foods.
For its part, EWG told Quartz that it disagrees with Winters' conclusions for several reasons, including that they used the risk for adults, not children, in their calculations, and that they looked at average amounts instead of the highest levels used.

Organic farms don't treat their workers any better

Farm work is hard and those doing it are often exploited. Unfortunately, this is no less true at organic farms—the USDA certification doesn't include any labor requirements.
In 2006, the eco-minded news site Grist published a story detailing the many waysorganic farmworkers were being mistreated, including violations of minimum wage laws, laborers allegedly being barred from speaking with inspectors, and sexual discrimination.
“The exploitative conditions that farmworkers face in the US are abysmal—it’s a human-rights crisis,” Richard Mandelbaum, a policy analyst at the Farmworker Support Committee, told Grist. “In terms of wages and labor rights, there’s really no difference between organic and conventional.”

And there's no reason to expect your organic vegetables to taste better, either

Access Loan Ventures Ltd
Want tasty asparagus? Buy it in season from nearby—organic or not.
Taste depends on so many factors, and organic certainly doesn't come with any guarantees. "My jet-setting Argentine asparagus tasted like damp cardboard," the journalist Michael Pollan wrote of the organic asparagus he purchased at Whole Foods in his 2007 manifesto Omnivore's Dilemma. Seven years later, the chef and food advocate Dan Barber wrote in The Third Plate about his shock when he tested his Mexican organic carrots for their sugar content—and discovered it was zero (probably making for a rather muddy-tasting bite).

So, what's the best option?

Bottom line: If you want to know more about your fruits and vegetables, buy them at the local farmers market, organic or not. The prices are often competitive with supermarkets, the in-season goods will be fresher than those shipped long distances, and any questions you have on production practices can be asked and answered on the spot. If you can't make it to the farmers market, don't waste your money on that little label.

Contact Us Today For Your Loan, International Project Funding, BG, SBLC & Letters of Credit
Skype: accessloans
Twitter:  @accessloankh

Thursday, August 27, 2015

Chinese investment in Africa is more diverse and welcome than you think


China’s economic engagement in Africa tends to elicit controversy. Many Chinese deals are accompanied by Western headlines such as “China in Africa: Investment or Exploitation?”; or “Clinton warns against ‘new colonialism’ in Africa.”
Yet in recent African public opinion polls China scored higher in popularity among Africa populations than anywhere else in the world, according to Pew surveys.
Moreover, China’s favorability has been on the rise in the last few years. In 2011 China had a 50% favorability polling in five African countries - Kenya, Nigerian, Ghana, Egypt and South Africa. By 2014 it had reached an average of at least 60% favorability in the same countries, according to a BBC poll.
Undoubtedly, these stellar ratings of China’s public image in Africa are closely linked to the increased trade and investments relationship between China and Africa.

Property rights versus rule of law

Findings of a study we recently undertook attest to this. The one important difference between Western and Chinese investment in Africa concerns governance. All things being equal, Western investment tends to favour African countries with better property rights and rule of law.
China, on the other hand, is indifferent to the property rights, rule of law environment, and tends to favour politically stable countries. This difference can be explained by the fact that some significant part of the volume of Chinese investment is tied up in state-to-state resource deals.
Rule of law measures perceptions of the extent to which agents have confidence in and abide by the rules of society. This is measured in relation to the enforcement of contracts, property rights, the police and the courts. The likelihood of crime and violence is also a factor. Political stability measures perceptions of the likelihood that a government will be destabilised or overthrown by unconstitutional or violent means.
China seems more concerned with the political stability of the government than with the environment of rule of law in the recipient’s economy. In light of these different tendencies, Chinese investment tends to be a large share of total investment in countries with poor rule of law.

Resource-rich countries not the only draw cards

We found no particular preference in terms of the resource-base of countries. Chinese investment is everywhere. Non-resource-rich countries like Ethiopia, Kenya and Uganda were just as popular as resource rich countries like Nigeria and South Africa.
Our paper looked at China’s direct investment, which it calls overseas direct investment (ODI), and explored firm-level data compiled by China’s Ministry of Commerce. All Chinese enterprises making direct investments abroad have to register with the ministry. The resulting database provides the investing company’s location in China and line of business.
The investment to Africa over the period 1998—2012 includes about 2,000 Chinese firms investing in 49 African countries. Firms often have multiple projects, which results into a total of 4,000 investments in the database.
The study does not include the amount of investment.
Top 10 sectors for Chinese projects in Africa (1998-2012)No. of projects
Business service1053
Wholesale and retail693
Import and export539
Construction, transportation, storage and postal services392
Mineral products319
Base metals and articles of base metal148
Articles of stone, plaster, cement, etc.96
Machinery and mechanical appliances; electrical equipment; parts thereof.76
Textiles and textile articles75
Vegetable products72

A typical entry in our data base is a private firm that is much smaller than the big state-owned enterprises involved in the mega-deals that have captured attention. In essence, this data provide insight into the type of investment the Chinese private sector is conducting in Africa.
Based on the descriptions of the overseas investment, we categorize the projects into 25 industries covering all sectors of the economy - primary, secondary, and tertiary. The allocation of the projects across countries and across sectors provides a snapshot of Chinese private investment in Africa.
The data provides some surprising findings at first glance. Unlike the preconceived notion that the majority of Chinese investments are concentrated in natural resources, we find that services are the most common sector. There are significant investments in manufacturing as well.
We investigated the reasoning behind the allocation of projects more rigorously. In particular, we tested whether factor endowments such as land, labour and capital influence the number and types of investment projects from Chinese investors. If Chinese investors are profit-driven, then the number and nature of projects should be related to the factor endowments and other characteristics of the recipient countries.
Our results indicate that while Chinese ODI is less prevalent in skill-intensive sectors in Africa, it is more prevalent in the more skill-abundant countries. This indeed suggests that Chinese investors aim to exploit the local comparative advantage.
Another one of our findings is that Chinese ODI is more concentrated in capital-intensive sectors in the more capital-scarce countries, suggesting its importance as a source of external financing to the continent. These patterns are mostly observed in politically unstable countries, implying firms’ stronger incentives to seek higher profits in tougher environments.

Tracking frequency, not size

The-Top-20-African-countries-for-Chinese-investments-by-no-of-projects
Our results differ from the common picture of Chinese investment in Africa partly because we are looking at frequency of investment instead of the size of the investment. We also use the aggregate data on the stock of Chinese ODI in different countries to examine that allocation compared to total foreign direct investment (FDI). This has traditionally mostly come from Western sources. Chinese investment may be growing rapidly, but it represented only 3% of the stock of foreign investment in Africa at the end of 2011.
In terms of allocations of ODI and total FDI across 49 African countries, both are attracted to larger markets and both are attracted to natural resource rich countries, including large Chinese investments in energy and minerals, just as Western investment favors these natural resource projects.
By examining both the volume data on Chinese ODI, in which big resource deals play a big role, and the firm-level registration data, representing mostly small and medium private firms, we think we have provided a nuanced and accurate view of Chinese investment on the continent.

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Skype: accessloans
Twitter:  @accessloankh