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Back to Home » January 2017 News » China faces political conflicts in moves to cut debt burden |
China faces political conflicts in moves to cut debt burden |
January 25, 2017
BEIJING (AP) -- Drowning in debt, metals trader Sinosteel Corp. got an unprecedented lifeline last month from the Chinese government - a multibillion-dollar debt-for-equity rescue that could be the first of many for struggling state-owned companies....
Source URL: http://hosted.ap.org/dynamic/stories/A/AS_CHINA_DEBT_DILEMMA?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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