Press "Enter" to skip to content

China seeing record high bond defaults in Q3 as private firms squeezed by deleveraging

China is seeing an unprecedented wave of bond defaults in the third quarter, most by companies in the private sector, despite the country's recent efforts to ease credit conditions and encourage investment in corporate bonds to support struggling private firms amid signs of slowing economic growth.

In a rare case, issuers defaulted on payment on up to five bonds with a value more than 6 billion yuan in a single day on 25th September.

 

To continue reading, please subscribe.

We highly value independence. Yuan Talks is solely funded by subscriptions from readers like you. 

What you'll get:

  • High-quality & in-depth reporting on the most important topics about China's economy and financial markets
  • Daily Brief newsletter to give you a full picture of what's happening in China every weekday
  • Interviews with China experts
  • Conference calls and events 

We are not content with general information that you can get everywhere. We go deeper to get details, data and perspectives you won't read elsewhere! 

 

JOIN FOR FULL ACCESS

Already have an account? Sign In

Top