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...