Suntech investors will be disappointed to learn the latest reports don't seem to include a major cash infusion from Warren Buffett. Photo: Reuters Suntech investors will be disappointed to learn the latest reports don't seem to include a major cash infusion from Warren Buffett. Photo: Reuters
Suntech investors will be disappointed to learn the latest reports don't seem to include a major cash infusion from Warren Buffett. Photo: Reuters
Doug Young
Opinion

Opinion

Doug Young

Suntech eyes Italy asset sale, LDK defaults

Suntech could sell its Italian assets to Warren Buffett at a big discount, while LDK could avoid bankruptcy by selling off most of its assets

Suntech investors will be disappointed to learn the latest reports don't seem to include a major cash infusion from Warren Buffett. Photo: Reuters Suntech investors will be disappointed to learn the latest reports don't seem to include a major cash infusion from Warren Buffett. Photo: Reuters
Suntech investors will be disappointed to learn the latest reports don't seem to include a major cash infusion from Warren Buffett. Photo: Reuters
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Doug Young

Doug Young

Doug Young has lived and worked in China for 15 years, much of that as a journalist for Reuters writing about Chinese companies. He currently lives in Shanghai where he teaches financial journalism at Fudan University. He writes daily on his blog, Young’s China Business Blog (www.youngchinabiz.com), commenting on the latest developments at Chinese companies listed in the US, China and Hong Kong. He is also author of a new book about the media in China, “The Party Line: How the Media Dictates Public Opinion in Modern China.”