China's Debt_ Pricing risk

The Economist

China’s bond market

Pricing risk

Debt issuance booms despite a wave of defaults

Nov 28th 2015 | SHANGHAI | From the print edition
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CHINA’S domestic bond market has never been riskier. It was only last year that it suffered its first default. This year at least six companies have defaulted. The miscreants are a diverse lot, including a beverage bottler, a solar-panel maker and a cement company. As economic growth grinds lower, defaults will inevitably rise.

READ MORE: http://www.economist.com/news/21679097-debt-issuance-booms-despite-wave-defaults-chinese-bond-market-bubbling

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