It's not that they would want to…it's that it is part of the agreement (i.e. a part that favors KRY). The final agreemet will state the exact amount that KRY can request CRRC to purchase.
G...that is my understanding and is as per NoBear's recap. I simply don't know why that clause was even put in there. Why not just make it simple...the Chinese get shares at .40\share up to 19.9%? This part of the negotiation makes me wonder whether there will be a "surprise" bludgeoning of the price by Macquarie (a piece of well-timed short term shocking news pertaining to the permit perhaps?) that might enable China to get shares cheaper than .40 cents. It just seems like an unnecessary point of negotiation....assuming (as we all do) that the permit is given by the end of July....why would China bother "negotiating" to pay a price higher than .40 cents per share? Any thoughts?