LDK Gets $80M Debt Bailout
China’s LDK Solar, struggling with four straight quarters of losses, has gotten its home city of Xinyu to pay off about $80 million in debt. Looks like the Chinese model of solar capitalism has entered...
View ArticleSolar: A Great Hedge Against Hyper-Inflation
Many economists think that a financial Armageddon is on the horizon in the United States and Europe. While don’t necessarily agree that a meltdown would result in an end-days scenario, doomsday...
View ArticleThe Citigroup of China? LDK Solar Now Owned by Chinese Government
LDK (NYSE: LDK), based in China, is one of the world’s largest producers of solar wafers, as well as a manufacturer of high-purity polysilicon. But, the solar industry is painfully oversupplied, and...
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