Suntech’s ‘Worst Time’ Behind It, Gong Says: Magazine

(Corrects Suntech’s forecasts for shipments this year and third-quarter results in Nov. 12 summary of an Economy & Nation Weekly report after the magazine corrected the figures.)

“Suntech isn’t on the edge of bankruptcy,” Vice President Gong Xuejin said, according to a report dated Nov. 8 in The Economy & Nation Weekly, a magazine controlled by the Xinhua News Agency.

To contact the reporter on this story: Belinda Cao in New York at lcao4@bloomberg.net

To contact the editor responsible for this story: Emma O’Brien at eobrien6@bloomberg.net