Fitch Ratings expects bond defaults among new issuers in China to rise next year. Photo: Shutterstock

Chinese corporate bond defaults to surge to a record high in 2020 as government rescue is no longer guaranteed, says Fitch

  • The number of new onshore issuers who fail to repay debt could rise to up to 60 next year from 51 in the first 11 months this year, according to Fitch
Topic |   Bonds
Fitch Ratings expects bond defaults among new issuers in China to rise next year. Photo: Shutterstock
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