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...from 13 per cent and 14 per cent respectively. Related story: Contaminated Milk Firm Petitioned For Bankruptcy http://www.bizchina-update.com/content/view/1754/2/ China Tri...
Tuesday, 30 December 2008

...ildren and sickened another 294,000, is set to be declared bankrupt.   A creditor has filed the bankruptcy petition against the dairy company, which is 43 per cent owned by New Zealand&...
Friday, 26 December 2008

3. GM "Very Profitable" In China
(News/News November 2008)
...r CEO Rick Wagoner said earlier this week that GM needs financial support from the U.S. government to prevent bankruptcy.   "We are continuing our investment in China and actually w...
Friday, 14 November 2008

4. Hong Kong Feels The Financial Heat
(News/News October 2008)
...utting all seven stores. Local electrical appliance retail chain Tai Lin Radio Service was forced to declare bankruptcy after it could not pay off its HKD100m debt. Related stories: South C...
Tuesday, 28 October 2008

...der.   Sanlu Group, in which New Zealand dairy company Fonterra has a 43 per cent stake, faces bankruptcy with more than RMB700m of debt plus potential lawsuits looming, state media re...
Saturday, 18 October 2008

6. Toymakers Go Bust in Financial Crisis
(News/News October 2008)
...mart Union Group, one of the world's largest toymakers, has lost two major subcontractors after they declared bankruptcy, state media reports.   The two companies are located in Dongguan...
Friday, 17 October 2008

7. Seven Chinese Banks With Lehman Exposure
(News/News September 2008)
Seven Chinese banks have bond holdings with collapsed investment bank Lehman Brothers, state media reports. The total holdings are USD721m, which is more than double the amount reported last week.
Thursday, 25 September 2008

8. Chinese Banks Exposed to Lehman Debt
(News/News September 2008)
Three Chinese commercial banks have disclosed their exposures, totalling USD297.4m, to Lehman Brothers, but five major Chinese insurers say they are not financially linked with the bankrupt investm
Friday, 19 September 2008

9. Lehman Brothers' Chinese JV Mystery
(News/News September 2008)
...icial of Erju was quoted by Dow Jones. The spokesman reportedly also said he does not believe that Lehman's bankruptcy has a material impact on the joint venture. An April, Erju and Lehman Bro...
Thursday, 18 September 2008

...n early August that in the trading city of Yiwu about 5,000 out of 18,000 manufacturing companies are facing bankruptcy. "The situation is not so serious as reported," Xu Guanju, Chair...
Wednesday, 13 August 2008

11. Crashed Hong Kong Airline Wound Up
(News/News June 2008)
Yet another salutary airline tale - in an industry riddled with failures - ended on Wednesday. Hong Kong's collapsed budget airline Oasis was formally wound-up following an order from the High Court.
Saturday, 14 June 2008

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