SNC-Lavalin bonds weaken as S&P cuts company to cusp of junk
The company said it failed to reach an agreement with a client in a dispute over a mining project in Latin America, prompting it to slash its profit forecast by more than 40% for the year.
When compared to the US, the world's largest economy for 150 years, China's ascent is even more startling because it took place over such a short time-span.