DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »China investors brace for record defaults in risky end to 2020
Bloomberg China’s fragile economic recovery is ushering in a dangerous new phase for the nation’s $4.1 trillion corporate bond market. With the economy now strong enough for policy makers to dial back financial support but still too weak to save the most distressed borrowers, some fund managers are bracing for defaults on domestic Chinese debt to hit record highs this ...
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