Corporate debt

Coronavirus to stranglehold China’s debt

The coronavirus infection is bound to hit China’s wallet hard. Experts expect corporate bond defaults to jump unless regulators can help facilitate changes in repayments.

As the novel coronavirus continues to spread from the epicenter in Wuhan throughout China and beyond, China’s GDP and credit situation, as well as Chinese companies, will undoubtedly catch the economic bug.

¬ Haymarket Media Limited. All rights reserved.

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