October 18, 2015 7:19 am
Sinosteel bond investors hope for bailout as default looms
Gabriel Wildau in Shanghai
A major Chinese state-owned miner and steel trader is poised to default on its bonds this week, the latest test of whether Beijing is willing to impose market discipline on national champion companies.
full story........................
http://www.ft.com/intl/cms/s/0/8694...links/rss/markets/feed//product#axzz3p0B3KNFk
