China’s corporate default storm continues to rage at the start of 2019 after a record year
via scmp: Midway into January five Chinese companies are already likely to default on 3.5 billion yuan (US$446.25 million) worth of debt Beijing Kang Dexin Composite Material tumbled 10 per cent on Tuesday after saying it’s likely to default on the payments of two corporate bonds Two weeks into 2019, five Chinese companies are already … Read more