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Dalian Tianbao fined by Chinese authorities as losses surge

As losses for the year to date surpass CNY 400m the Chinese seafood processor has now been fined for failing to disclose big loans taken out with local creditors

By Louis Harkell | Nov. 25, 2019 10:06 GMT
Dalian Tianbao at Seafood Expo North America in Boston in March 2019. Credit: Undercurrent News
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One of China's largest seafood processors, Dalian Tianbao Green Foods, has been fined CNY 400,000 ($56,865) by Chinese authorities for failing to disclose big loans taken out with local creditors [...]

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