Friday, July 17, 2015

Chinamen of La Mancha

They picked up Don Quixote Airport for, practically, a song;
A group of Chinese investors has bought the abandoned airport at Ciudad Real for €10,000 after submitting the only bid for the facility at a court bankruptcy auction.
Tzaneen Interenational by name, about whom little is known.
...the group listed €4,000 in capital from China but stated that members of the consortium include Chinese as well as European investors. It also explained that “various Chinese companies” are interested in using the airport as “a gateway to Europe” for their importing businesses.
After the invest another 100 million, or so, euros to make it useable, that is.

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