China’s defaulted bonds reached $20 bn this year, more than double full-year amount in 2021
China’s defaulted bonds reached $20 bn this year, more than double full-year amount in 2021

China’s defaulted bonds reached $20 bn this year, more than double full-year amount in 2021

 

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The total value of defaulted bonds in China so far this year has more than doubled the full-year level in 2021, mainly driven by the debt crisis in the country’s real estate market . . .

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