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Dalian Tianbao defaults on additional $22m debt

The large Chinese processor said expenses stemming from its financial and legal issues 'may have a certain impact on the company's production and operation'

By Louis Harkell | April 23, 2019 09:09 BST
Dalian Tianbao at Seafood Expo North America in Boston in March 2019. Credit: Undercurrent News
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Dalian Tianbao, a major Chinese processor of pollock, cod, salmon and other seafood for export, has defaulted on an additional debt worth CNY 147 million ($21.9m) owed to China Exim Bank. [...]

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