Chinese bond defaults to rise in 2017 after RMB40 billion in defaults

13 February 2017 | 2 minutes read

China’s bond market faces severe challenges in 2017 in the wake of RMB39.89 billion (US$5.79 Billion) in bond defaults in 2016, according to Chinese data provider, Wind Financial Information. The data, as reported by Chinese media, reveals that the default size in 2016 was triple the previous year’s total of RMB11.71 billion(US$1.70 billion). With RMB5.5 trillion (US$800 billion) in bonds set to mature in…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Have a confidential tip? Get in touch [email protected]