In a blow for casinos which set up China offices to lure high rollers, PRC authorities have detained 18 employees of Australian gaming and resorts company Crown Resorts. Crown said
In the news: China investigates Crown for alleged gambling crimes, Sinochem and ChemChina deny M&A rumors and the State Council releases rules for debt-for-equity swaps
This week, officials arrested 18 employees of the Australian casino operator, a reported megamerger prompted debate over China's SOE reform and investors flagged opportunities in the nation's new debt-for-equity scheme
By
Katherine Jo


