China would NOT have allowed the announcement for that reason - saving face and all that. Kry can borrow whatever they need from CRRC as a bridge loan. Also once the JV is approved Kry will pay off the 9+% loan with 6.5% money and again China gets rid of more $USD that will go down in value in the future. China is, in effect, buying countries with no intention of occupation - similar to buying a company, but on a larger scale.