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Brace for ‘third wave’ of China bond defaults amid high financing costs, slow growth and tighter state policies, S&P says | South China Morning Post
Source: Buzz FX / 23 Apr 2024 19:07:19 America/New_York
China could face a third wave of corporate bond defaults at home and abroad this year, as high financing costs, slow economic growth and tight government policies heap pressure on the country’s weakest borrowers, S&P Global Ratings said.\nL
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