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How can you loan money to a first tier college but you are a fraud and have no money in the Bank.Maybe the shortsellers are the frauds.
I agree,it should be a boost to their credibility. And I'm surprised that CEU hasn't gotten at least a bounce out of this. Unfortunately,the deal doesn't seem very profitable of the face of it.
This is a good deal. Nanchang is capital of Jiangxi province, with population of more than 30M people.Basically, CEU can use the facility for its vacation training. It is win-win situation between CEU and NIT.