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Massive soyabean defaults loom as China buyers play hard-ball
date:Apr 22, 2014
ters-of-credit and buyers are unwilling to pay now because they will suffer massive losses, said Shao, speaking from a hotel suite he uses when in Rizhao in this eastern province. If buyers cannot resolve the issue, they may also cancel future shipments. Shao declined to say if his company had also defaulted or had any plans to.

12/22 03:51