China Faces Biggest State Firm Offshore Debt Failure in 20 Years
Workers lift bundles of steel pipe with a crane at a stockyard on the outskirts of Shanghai, China. (Photgrapher: Qilai Shen/Bloomberg)

China Faces Biggest State Firm Offshore Debt Failure in 20 Years

(Bloomberg) -- A major Chinese commodity trader looks poised to become the most high-profile state-owned enterprise to default in the dollar bond market in over two decades. In a fresh sign that Be...
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