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Chinese property developers issued a record amount of offshore bonds in Jan. to make preparations for the upcoming "wall of maturities". Analysts say developers, in particular smaller ones, are the most at risk of failure as the deadly coronavirus outbreak rages on.
Chinese developers issued $16.5 billion worth of offshore bonds last month, the highest on record, according to the S&P Global Ratings, surpassing the previous record of $11.1 billion in January 2019.
That's 50 per cent more than a year earlier and sharply higher than . . .
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