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kermit42

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kermit42

Re: docv79 post# 23201

Wednesday, 12/06/2006 1:04:26 PM

Wednesday, December 06, 2006 1:04:26 PM

Post# of 38584
Are there any international business people here or someone with experience in China? My limited grasp of the situation is that this deal will not happen without the backing of the Chinese government (especially because it is a mining contract--basic national resources). If the Chinese government backs it, then it will probably happen.

Given that, does an LOI with a Chinese company mean something different than an LOI with a western company? Has the government already signed off?


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