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China Sets Up Shop Right Next Door to the US

Big Take

China's Investments in Argentina - What Did They Say?

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The benefit for Hohoy was it got a lower rate from China than it would have done from Western companies. In the case of Hohoy, it's interesting because that solar farm is now hooked up to the grid and the energy that they can sell to the grid, they're now making tens of millions of dollars a quarter off. So there's an immediate return there and an immediate revenue stream to be able to start paying back the debt.

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