The Traderszone Network

Published in TZ Latest News 28 March, 2016 by The TZ Newswire Staff

China SOE bond default – nasty news

Via MNI comes this from 21st Century Business Herald
– State-owned Dongbei Special Steel Group announced on Monday it had  failed to repay a one-year bond of CNY852 million, which included the principal and interest amounts due Monday
In a sad addition to the story: