CHINA - Los Angeles Times
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CHINA

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<i> Times Staff and Wire Reports</i>

Largest Bankruptcy Declared: A computer firm in Fujian province that ranked sixth in China in its field a decade ago has gone bankrupt in the largest case of its kind in the province, the New China News Agency reported. Fujian Electronic Computer Co., set up in the southeastern province nearly 30 years ago, has more than 1,000 employees and debts of $16.88 million more than its assets, the agency said.

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