haku: @author Clifford, M. / yhteensä: 20
viite: 15 / 20
| Tekijä: | Clifford, M. |
| Otsikko: | Deutsche Bank's Chinese puzzle |
| Lehti: | Business Week
1996 : APR 15, VOL. 3404:785, p. 50-51 |
| Asiasana: | GERMANY CHINA BANKING |
| Kieli: | eng |
| Tiivistelmä: | The Jianchuan Machinery Factory, a grimy , state-owned refrigerator-compressor plant in the remote reaches of China's Sichuan province, is a strange birthplace for a multimillion-dollar international fued involving germany's largest lender. That's little comfort to Deutsche Bank. The bank breezed into China in the 1980s, lending to state-owned enterprises that leased German machinery to Jianchuan and several the robscure manufacturers with hefty appetites for imported equipment. The Germans figured the state connections would protect them against default and did not demand that Beijing come up with written government guarantees. Then came the shock. |
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