Xiwang Group at risk as guaranteed party Qixing Group runs out of money

Summary: Xiwang Group guaranteed a loan of USD420.86 million (RMB2.90 billion) for Qixing Group. However, the latter has run out of money and the government has gotten involved to help. Based on past experience, the best choice for Xiwang Group is to...

Corn Products China News 201704

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