“In 2015, for instance, Chinese state-owned banks lent $1.2 billion to a private Chinese business to buy an 80% stake in Ironshore, a U.S. insurer whose clients included the Central Intelligence Agency and Federal Bureau of Investigation officials and undercover agents who might need help paying legal bills in case they got into trouble in their jobs.”
Omg they let their insurance be privately owned? How has this whole thing not collapsed under the weight of it’s own incompetence. It has to be sheer inertia at this point.
The whole company would be worth $1.6 billion…that’s less than the DoD loses in the fucking couch cushions in any given year! Incredibly funny.
It’s probably another venture to launder money
Lmao I literally wrote this paper in college over a decade ago. Sure would be nice if the smart reasonable professionals could be as insightful and observant as literal children.
why do you want them to be? let china keep owning
Loving the Chinese century so far. Good stuff as always.
officials and undercover agents who might need help paying legal bills in case they got into trouble in their jobs
insuring people for things that have never happened is very profitable
I don’t think it’s trouble like being evil. Probably more like, had an affair with their boss’s wife, looked at CSAM on the work computer, stole money from another asset. The usual hijinks.
was it Chinese chess?
it should be chinese checkers, or go
“Go” is the Japanese name, in China it’s “weiqi”.
炮 huh that’s a funny piece I wonder what it does i guesd ill hide behind this tall rook for safety
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象棋?
Deng’s trick, part 2
Ideology is a hell of a drug
