China’s Fractures Widen: Scramble To Sort Out Busted Debt In Massively Over-Built Steel Industry

From Caixin Online Officials in Shanxi Scramble to Sort out Steelmaker’s Debt Mess (Beijing) – Officials in a city in northern China have been busy recently sorting out a steelmaker’s debt mess that could involve as much as 20 billion yuan, even as the firm’s owner avoids attending meetings on the matter, sources close to […]
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