Actually, I have mixed feelings about this issue.
On one hand, I think Chinese people work too hard and suffer enough under the boot to have their money employed to subsidize a new Rolls or a second swimming pool for some wanna be dictator in Africa or/and Latin America. The same courtesy -cheap loans from CDB- extended to some Taiwanese enterprises that are so uncompetitive they can hardly beat the rest in price and must keep low costs at all expense leaves me with mixed feelings.
I understand that these enterprises provide work for people in the Mainland. I also understand that the $$$ they make are vital to their economy. However, I see that the Chinese are more aware of the fact that only through improving their competitiveness can they overcome the crisis. That they are looking for alliances and faster delivery times and other improvements says a lot of their goals. I am not so sure I’d like to see a Taiwanese businessman taking a loan, screwing everything up and then taking off -as some did here.
I also know that this is not the overwhelming case, and that there are good, competitive enterprises that have made the move because their upstream/downstream providers have also done so, and that they are also strapped for cash and would welcome any loan. However, I am sure they can get their money anywhere they ask -though if they get preferential treatment, that’ll be a bonus.