China Steelmaker Default Sparks Debt Contagion Fear
Workers lift bundles of steel pipe with a crane at a stockyard on the outskirts of Shanghai, China. (Photgrapher: Qilai Shen/Bloomberg)

China Steelmaker Default Sparks Debt Contagion Fear

(Bloomberg) -- A Chinese company’s bond default is causing market concern that trouble may spread to other firms in the province.
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