Forrest Says Fortescue's Debt `Totally Manageable'

March 30 -- Andrew Forrest, the billionaire founder and chairman of Perth-based Fortescue Metals Group Ltd., the world's fourth-biggest iron ore producer, talks about falling prices, Chinese demand, and criticism from rivals. Forrest has called on the largest producers to cap output in an effort to stimulate prices, a strategy dismissed by Rio Tinto Group and Gina Rinehart, the billionaire developing a new mine in Western Australia. He spoke with Bloomberg's Stephen Engle at the annual Boao Forum on the southern Chinese island of Hainan.

Inside the Concerns Over China's Debt Swaps
19:45 - China unveiled guidelines for debt-to-equity swaps in October, part of measures to trim the world’s biggest corporate debt loads. Bloomberg's Lianting Tu reports on "Bloomberg Markets." (Source: Bloomberg)
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