Chinese state-owned enterprise debt defaults trigger market selloff, crisis fears

Chinese state-owned enterprise debt defaults trigger market selloff, crisis fears

SHANGHAI, Nov. 13 (Reuters) – A Chinese miner who defaulted this week held an emergency creditors meeting on Friday to deal with “huge credit risks” as a spate of defaults by companies in Blue-chip government (SOE) sent shock waves through the Chinese corporate bond market. Investors have traditionally viewed bonds issued by state-owned companies as […]

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