In fact, both in terms of their local government, or fortunately, both of Jiading sentence that has the credibility.
Geely, always claimed that the argument of the moment contracts Volvo, Volvo hopes the separation can be divided into a lot of care and good luck “Geely Geely, Volvo is a Volvo.” For example, in the course of argument, they did not introduce any investment funds. Mr. Lee reported that the funds involved do not want to be president of a radical strategy to exit to find a way to work must be listed. They also, Hong Kong and listed the company’s acquisition, Geely held (00175.HK) of the Geely Automobile, the listed companies to raise funds, but it may be easier to work with all the assets did not seek Geely Geely and Volvo still lead to another Tell me.
Implementation of the government in cooperation with local governments through loan Geely final selection, this approach “a double-edged sword.” First, the simple expectations of local governments for Geely, the upstream and downstream industry chain driven projects in the industrial structure Nahao taxes, increasing the change.