A Dark Alley in China's Credit Market Suddenly Getting Rough
A woman hides her face from the sun while sitting on a bench in the North Bund area along the Huangpu River in Shanghai, China. (Photographer: Qilai Shen/Bloomberg)  

A Dark Alley in China's Credit Market Suddenly Getting Rough

(Bloomberg) -- One of the most opaque areas of China’s credit markets involves the practice of companies buying their own bonds. That may soon get a lot tougher, contributing to financing difficult...
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