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Fri 26 Mar, 2010 01:26 am
Quote:On account of the financial policy restrictions on China’s part, the funding was allowed to come in but not to go out, and therefore funds raised overseas could only reach China’s local NGOs in the form of “contributions” before being loaned to our clients, and eventually it became circulating capital for local organizations. It is in this mature manner that Wokai has been operating.
Your comment on the last sentence, please.
@fansy,
Quote:On account of the financial policy restrictions on China’s part, the funding was allowed to come in but not to go out, and therefore funds raised overseas could only reach China’s local NGOs in the form of “contributions” before being loaned to our clients, and eventually it became circulating capital for local organizations. So Wokai has been operating in this well-proven way.
What do you think of the sencond version (bolded part)?
@fansy,
It is in this manner, that Wokai has been operating.
@fansy,
Wokai has been operating in this proven way.