HONG KONG -- The liquidity crisis at Chinese chipmaker Tsinghua Unigroup, a crown jewel of President Xi Jinping's grand "Made in China 2025" plan, deepened this week after the company said it would default on more bonds.
Chinese chipmaker's financial problems send shock waves in corporate debt market
HONG KONG -- The liquidity crisis at Chinese chipmaker Tsinghua Unigroup, a crown jewel of President Xi Jinping's grand "Made in China 2025" plan, deepened this week after the company said it would default on more bonds.