Posted inBeijingChinaHong Kong

China to see record number of corporate defaults this year, analysts say

China’s corporate bond market is heading towards a record-breaking year, and not in a positive sense. Analysts say that 2018 will see the number of defaults hitting a new high, according to a report from Caixin on Friday, amid tightening policies enacted as part of Beijing’s deleveraging campaign. “Default risk has risen due to tighter […]