Dropping Like Flies: Largest Steel Maker In China’s Shanxi Province Defaults On CNY 3 Billion In Debt feedly
—- DroppingLikeFlies: LargestSteelMakerInChina’sShanxiProvinceDefaultsOnCNY 3 BillionInDebt // http://feeds.feedburner.com/zerohedge/feed When we started discussing the upcoming onslaught of corporate defaults in "Minsky Moment" China, now that the bankruptcy seal has been broken, we warned that the worst is about to come. Well, it’s coming. Overnight, Hong Kong’s TheStandardreportedthat in addition to the solar, coal and real-estate developer companies that are on everyone’s radar as potential future bankruptcy candidates, … Seguir leyendo Dropping Like Flies: Largest Steel Maker In China’s Shanxi Province Defaults On CNY 3 Billion In Debt feedly
