Moody’s negative outlook underscores growing concern over Chinese companies’ credit conditions, following a slew of defaults recently. Photo: Xinhua Moody’s negative outlook underscores growing concern over Chinese companies’ credit conditions, following a slew of defaults recently. Photo: Xinhua
Moody’s negative outlook underscores growing concern over Chinese companies’ credit conditions, following a slew of defaults recently. Photo: Xinhua

Bonds

Business /  China Business

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

Topic |   Bonds
Yujing Liu
Yujing Liu

Updated: 7:00am, 28 Nov, 2019

Why you can trust SCMP
Moody’s negative outlook underscores growing concern over Chinese companies’ credit conditions, following a slew of defaults recently. Photo: Xinhua Moody’s negative outlook underscores growing concern over Chinese companies’ credit conditions, following a slew of defaults recently. Photo: Xinhua
Moody’s negative outlook underscores growing concern over Chinese companies’ credit conditions, following a slew of defaults recently. Photo: Xinhua
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