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... took another loan of 3 billion from Standard Chartered Bank. In addition to the previous loan of 200 million US dollars, Yang Chen owed Standard Chartered Bank a total of about 4 billion in loan.

   His cash deposit in Standard Chartered was only 2.5 billion. With the extra 1.5 billion, he directly mortgaged Carrefour to Standard Chartered Bank.

   Next, Carrefour’s external expansion needs to rely on the relationship of Standard Chartered Bank to open the way. Mortgage of Carrefo ...

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