Debt problems at Qixing Group, based in Shandong province, have illustrated the dangers of a financing model used by private companies. Photo: Xinhua

Debt distress in Shandong province illustrates risks of interlocked credit guarantees

TOP PICKS

Debt problems at Qixing Group, based in Shandong province, have illustrated the dangers of a financing model used by private companies. Photo: Xinhua
READ FULL ARTICLE