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Dalian International Trust And Investment Corp

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January 18, 1999 | Bloomberg News
Dalian International Trust and Investment Corp., the fund-raising arm of the northern Chinese port city of Dalian, missed payments on some of its foreign loans, a company official said. The company, known as Ditic, is the latest in a string of Chinese trust companies unable to repay debts on time. A Ditic official said only that its total debt is much less than the $2.42 billion cited by the Asian Wall Street Journal newspaper today.
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BUSINESS
January 18, 1999 | Bloomberg News
Dalian International Trust and Investment Corp., the fund-raising arm of the northern Chinese port city of Dalian, missed payments on some of its foreign loans, a company official said. The company, known as Ditic, is the latest in a string of Chinese trust companies unable to repay debts on time. A Ditic official said only that its total debt is much less than the $2.42 billion cited by the Asian Wall Street Journal newspaper today.
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