Bad Debt Management
The Latest
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China Huarong Reports Record $15.9 Billion Loss In 2020
China Huarong Asset Management Co Ltd posted a $15.9 billion loss attributed to the disposal of risky assets linked to its disgraced chairman. China Huarong Asset Management Co Ltd posted a $15.9 billion loss attributed to the disposal of risky assets linked to its disgraced chairman. -
Selling Of China Huarong, Others' Bonds Continues As Default Fears Persist
China's finance ministry had to step in to help manage the fallout. China's finance ministry had to step in to help manage the fallout.