102 The Medicine (Part Eight) 6yr

Translator: Kim_GuoEditor: Tehrn

Dutoit also vaguely heard that Huang Xuan had mortgaged off a large number or art works, of course, no one had told him that they were worth $1.2 billion USD. After some quick thinking, he smiled and said, "Mr. Huang, do you want the bank to sell them or take them as collateral for a loan?"
"A loan. I would have gone to Sotheby's if I wanted to sell them. But these are family heirlooms, so there are no certificates."
Dutoit laughed and responded, "There aren't so many rules in Switzerland."
His laughter sounded meaningful. Diamond smuggling had always been a major channel of diamond selling. There was a publicly recognised standard in international diamond trade that as long as the import duty of the diamond surpassed 5% the smuggler would make a profit. Since smuggling diamonds was so easy, many traders in Shanghai had made fortunes overnight, ever since China had set up the import duty standard of 17%.
The diamond association of Switzerland had always attached more importance to the value of the diamond than its source.
Dutoit's laughter startled Huang Xuan. He realised his mistake and patted on his head. He had thought of contacting Pfizer via Citigroup but had forgot the a