USEUROPEAFRICAASIA 中文双语Français
Home / Business

Qingdao Port: Shipments unaffected by investigation

By Gao Changxin in Shanghai | China Daily | Updated: 2014-06-05 06:51

Operator quoted as saying probe may uncover irregularities of some traders

Qingdao Port International Co said on Wednesday that shipments from the port would not be disrupted due to an ongoing investigation on financing irregularities, according to the National Business News.

The operator of the world's seventh-biggest port in terms of output said it was investigating instances of financial irregularity involving some traders and related to the reuse of collaterals. "Financing frauds may exist, and this is an issue involving traders. The matter is currently under investigation," the Shanghai-based newspaper said quoting an anonymous source with the operator.

Qingdao Port: Shipments unaffected by investigation

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US