UBS Loses China Bond Deal After Economist's Pig Remark

  • China Railway Construction excludes UBS from dollar debt sale
  • ‘Chinese pig’ remark spurs furor in China, Wall Street debate
Bloomberg’s Philip Lagerkranser reports from Hong Kong on the fallout from the UBS economist’s pig remark.(Source: Bloomberg)
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One of China’s biggest state-owned infrastructure companies excluded UBS Group AG from a bond deal after the bank’s global chief economist sparked a furor with his use of the phrase “Chinese pig.”