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Old 25.08.2015, 10:39
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Re: Swissport sold to Chinese

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The Chinese market is frankly not as free and transparent as any European one. There is an awful lot of any form of financial crimes from insider trading to inflated or faked balance statements going on. Investors don't have access to many financial products we are used to, so a lot buy stocks or real estate without really knowing what they are doing... At times a bubble bursts, but that's not an as fair and clear indication for the economy as it should be...

The thing I find a bit annoying in the press and public discussion: Nobody would ever say "America buys Swissport" if it was an US investor. If it is a Chinese company it is always "China" or "the Chinese"...
Very good points, except if it was bought by an American company, everyone would say, 'Oh great, no more salary rises, no more bonuses and half of the workforce will be terminated for 'economic' reasons.'

Don't ask me how I know this.
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Old 25.08.2015, 11:21
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Re: Swissport sold to Chinese

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Very good points, except if it was bought by an American company, everyone would say, 'Oh great, no more salary rises, no more bonuses and half of the workforce will be terminated for 'economic' reasons.'

Don't ask me how I know this.

you forgot to mention that the HQ would be relocated to Wichita and the technical base to Oklahoma City
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Old 25.08.2015, 22:13
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Re: Swissport sold to Chinese

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you forgot to mention that the HQ would be relocated to Wichita and the technical base to Oklahoma City
You are correct. Cleveland ('the Waikiki of the Midwest') is also a possibility.
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