Summary | The principal loss has amounted to 5.8 billion yuan
($865 million).Dongbei Special Steel was formed in 2004.The
bankruptcy is the result of the pany's creditors' application
to the court.It has nine months to e up with a restructuring
plan."It's rare for State-owned panies to go bankrupt.But, the
government won't pay too much to bail it out," said Liu Xinwei, ...
($865 million).Dongbei Special Steel was formed in 2004.The
bankruptcy is the result of the pany's creditors' application
to the court.It has nine months to e up with a restructuring
plan."It's rare for State-owned panies to go bankrupt.But, the
government won't pay too much to bail it out," said Liu Xinwei, ...
en.ce.cn | 04 August 2017