The move comes as fears grow over problems in the world's second largest economy.
    • TIEPilot@lemmy.world
      121·
      1 year ago

      I would like to know that 100%. The mother corporation can push their debt onto subsidiaries like the US holdings.

      I have seen this happen a few times when the company I work for get bought out/taken over. These were multinationals, but no bankruptcies happened. We just had to suck it up and pay it down…