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china’s success was founded on strong state institutions that implemented supportive policies and public investments.
china's success was founded on strong state institutions that implemented supportive policies and public investments.
however, the level of contracting picked up significantly in early 2002 e has been fairly strong since").
however, the level of contracting picked up significantly in early 2002 e has been fairly strong since").
the dilemma concerning the under-representation of ethnic minorities through voting rights would be solved through a strong commitment to exercising this right.
the dilemma concerning the under‑representation of ethnic minorities through voting rights would be solved through a strong commitment to exercising this right.
[…] although we see significant scope for ft to cut costs and deliver a compelling yield and even though the ceo has strong track record execution, the government role in giving ft the flexibility it requires is pivotal.
in the meantime, liquidity risk remains and in our view, a right issue is a matter of when not if. […] the government’s role will again be pivotal in refinancing and reducing this debt.
(soulignement ajouté); (iv) — dans la section «risks/weaknesses section» — le fait que: «le risque financier lié au considérable endettement de france télécom ne correspond pas à sa qualité d'investissement (laquelle est compensée par de bonnes performances opérationnelles et le soutien implicite du gouvernement français». ( «the financial risk of the highly leveraged ft is not commensurate with investment grade (compensated by strong operational performance/implicit support of french government)».)
(sublinhado nosso); (4) — na secção «risks/weaknesses» — o facto de que: «o risco financeiro associado ao considerável endividamento da france télécom não corresponde à sua qualidade de investimento (o que é compensado por bons resultados de exploração e pelo apoio implícito do governo francês». ( «the financial risk of the highly leveraged ft is not commensurate with investment grade (compensated by strong operational performance/implicit support of french government)».)