Chinese firm pays bond interest in ham and pork instead of cash
Chinese pork producer Chuying Agro-Pastoral Group has said some of its bondholders agreed to receive interest payments in ham or pork rather than cash. The announcement came after it recently defaulted on a 500 million yuan (â¹522 crore) bond amid a cash crunch. Chuying blamed the default on falling demand for pork caused by the outbreak of African swine fever.