Analysis | What if that bond issuer never intended to pay you back? – Washington Post
Take the example of Brilliance Auto Group Holdings Co., the parent company of BMW AG’s joint venture partner in China. The state-owned company, owned by the northeastern Liaoning provincial government, has been very busy since it first defaulted on a 1 billion yuan ($ 151.4 million) bond on October 23. Two weeks later, its entire […]
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