What You Need To Know
Investors in the world’s second largest bond market are facing a reality check.
While defaults were once considered a rare occurrence in China’s bond market — with many borrowers having relied on financial support or a bailout in times of trouble — the past three years combined saw a record number of delinquencies. Defaults eased off for much of 2020 as policymakers sought to limit economic damage by the coronavirus outbreak, before picking up again at the end of the year. The risks continue in 2021, according to analysts.
CHINA - Uncensored & Exposed 