HONG KONG -- Bankrupt Chinese conglomerate HNA Group has moved a step forward in its restructuring process this week with a plan to inject fresh capital into its core airline and infrastructure subsidiaries.
China debt crunch
HNA restructuring advances with $5.7bn airline funding
Investors for infrastructure unit approve capital expansion
A Hainan Airlines Boeing 787 in Beijing: The carrier is the core unit of Chinese conglomerate HNA Group. © Reuters
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