Moody’s negative outlook underscores growing concern over Chinese companies’ credit conditions, following a slew of defaults recently. Photo: Xinhua
Bonds
Chinese corporate bond defaults to rise in 2020, as regulators’ tolerance grows, Moody’s says
- Overall credit conditions for non-financial companies will be negative in the next 12 months, rating agency says
- 1 per cent can be tolerated by regulators, as long as defaults are isolated
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Bonds
Moody’s negative outlook underscores growing concern over Chinese companies’ credit conditions, following a slew of defaults recently. Photo: Xinhua