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Thursday, Nov 26, 2020

Defaults in China’s US$4.1 trillion corporate bond market could hit record high this year as recovery remains fragile

Defaults in China’s US$4.1 trillion corporate bond market could hit record high this year as recovery remains fragile

Chinese firms reneged on 10.4 billion yuan of notes in July and about the same amount so far in August, with developer Tahoe Group among the latest to miss payments.
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