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Many firms in China's third-biggest province struggling to pay debt - S&P

Many privately held firms in Shandong, China's third-biggest province by economic output, are struggling to repay short-term debt due to declining industry fundamentals, entangled cross guarantees... [Source]

Publication Date:

Origin: reuters.com

Category: PersonalFinance

Topics: struggling, province, third-biggest, China's, firms, guarantees, cross, entangled, fundamentals, industry, declining, short-term, repay, output, economic, Shandong, privately

Source: http://feeds.reuters.com/~r/news/wealth/~3/D5U-0wGD3D8/many-firms-in-chinas-third-biggest-province-struggling-to-pay-debt-sp-idUSKBN1X008G