Chinese investors predict record defaults at risky end of 2020 – The Japan Times
China’s fragile economic recovery ushers in a dangerous new phase for the domestic $ 4.1 trillion corporate bond market.
With the economy now strong enough for policymakers to cut back on financial support, but still too weak to save distressed borrowers, some fund managers are bracing for Chinese domestic debt defaults to hit. record levels this year. Delinquencies have already started to rise…