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China debt: bond problems could still resurface in 2020 after defaults amid coronavirus lower than expected

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[unable to retrieve full-text content]Problems in China’s corporate bond market could still resurface later in the year after the level of defaults did not surge as high as expected during the economic downturn caused by the coronavirus outbreak thanks to ample credit and relaxed issuance requirements.The world’s second largest bond market after the United States has recorded 71 default cases so far this year, according to financial database Wind, 26 per cent lower than a year earlier.The value of missed repayments on corporate…

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[unable to retrieve full-text content]
Problems in China’s corporate bond market could still resurface later in the year after the level of defaults did not surge as high as expected during the economic downturn caused by the coronavirus outbreak thanks to ample credit and relaxed issuance requirements.The world’s second largest bond market after the United States has recorded 71 default cases so far this year, according to financial database Wind, 26 per cent lower than a year earlier.The value of missed repayments on corporate…

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