Dandong Port, a major port in Northeast China, has emerged from bankruptcy and inaugurated the newly restructured Dandong Port Group yesterday. The port operator entered into court-led restructuring process in April last year due to a major debt crisis with liabilities amounting to RMB66.7bn ($9.67bn). In January, China Merchants Group’s Liaoning Port Group took over Dandong …
Dandong Port, a major port in Northeast China, has emerged from bankruptcy and inaugurated the newly restructured Dandong Port Group yesterday. The port operator entered into court-led restructuring process in April last year due to a major debt crisis with liabilities amounting to RMB66.7bn ($9.67bn). In January, China Merchants Group’s Liaoning Port Group took over Dandong …
[post_title] => Dandong Port emerges from bankruptcy
[post_excerpt] => Dandong Port, a major port in Northeast China, has emerged from bankruptcy and inaugurated the newly restructured Dandong Port Group yesterday. The port operator entered into court-led restructuring process in April last year due to a major debt c...
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[post_modified] => 2020-09-01 04:14:19
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