China’s default woes

Author: IFLR Correspondent | Published: 10 Mar 2020

Corporate bond defaults in China are expected to reach record highs in 2020, and it seems that things can only get worse before they get better. There are, however, reasons for optimism, and experts remain hopeful that this is the path towards a healthier market overall.

Rather than lending a hand to struggling corporates every time they need a lifeline, Chinese regulators are becoming more tolerant of defaults, and actually allowing them to...