Quantcast
Channel: WN.com - Articles related to Chinese Investor to Build Feed-Mill in Bulgaria's Dobrich
Viewing all articles
Browse latest Browse all 126

A massive Chinese industry is flashing warnings signs the world cannot ignore

0
0
China's steel industry, the biggest in the entire world, is in crisis. The disaster has come due to a combination of factors, including a slowing Chinese economy, falling commodity prices and an industry loaded with debt. Earlier this month, state-owned enterprise Sinosteel defaulted on a debt interest payment of $315 million on bond notes maturing in 2017. It's a sign that, despite China's best efforts at fiscal policy easing and pledges to reform "zombie" SOEs, the worst may be coming faster than...

Viewing all articles
Browse latest Browse all 126

Latest Images

Trending Articles





Latest Images