China braces for more defaults among state-owned enterprises in 2021 – and it could be a good thing – CNBC

China braces for more defaults among state-owned enterprises in 2021 – and it could be a good thing – CNBC

A Chinese national flag seen in front of the Oriental Pearl Tower in Shanghai on September 8, 2019. Alex Tai | SOPA Pictures | LightRocket via Getty Images SINGAPORE – Corporate bond defaults linked to the Chinese state are expected to continue into the new year, but analysts believe this could be a good thing […]

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