Distressed debt

gallery crazy things on taobao

Fancy yourself as a debt restructuring expert?

China Cinda Asset Management, a state-owned bad bank, put some non-performing loans up for sale on Taobao earlier this year, including 20 million yuan ($3.2 million) in debt owed by a steel mill in Zhejiang.

First published May 20, 2015: 10:45 PM ET

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