China Defaults Set to Worsen as $8.6 Billion Bonds Due Next Year
A man holds China’s national flag against the backdrop of skyscrapers in Hong Kong, China. (Photographer: David Paul Morris/Bloomberg)

China Defaults Set to Worsen as $8.6 Billion Bonds Due Next Year

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(Bloomberg) -- A record pace of defaults hit China’s domestic bonds this year. In 2020, it could be the offshore market’s turn.
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