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Comment: At Wirepoints, we did the calculation ourselves and confirmed that Gotion is eligible for about $7.5 in federal tax subsidies, in addition to the $536 million from the State of Illinois. Gotion has clear ties to the Chinese Communist Party.
Chicago institutions are borrowing more than $1 billion this week, helped by Wall Street’s improved outlook on the city and a bright spot in a bleak year for the municipal bond market.
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