China Has More Distressed Corporate Debt Than All Other EMs
Chinese one-hundred yuan banknotes (Photographer: SeongJoon Cho/Bloomberg)

China Has More Distressed Corporate Debt Than All Other EMs

(Bloomberg) -- In the span of just 11 months, China went from having no distressed dollar-denominated corporate bonds to having more than any other emerging market.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.