Lessons From China's Rooftops: Tamminen: "Suntech defaulted on over half a billion dollars in government loans, a figure similar to the Solyndra losses for American taxpayers. There are numerous reasons for both of these failures, but chief among them was the fact that risk-free money resulted in both firms over-building their capacity ahead of market demand, driving down margins and ending any chance to make profits and repay loans."
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