Chinese companies are defaulting on their debts at an 'unprecedented' level - News 69

Wednesday, March 20, 2019

Home CNBC Top News & Analysis Chinese companies are defaulting on their debts at an 'unprecedented' level

Chinese companies are defaulting on their debts at an 'unprecedented' level

Salman Sabir March 20, 2019 CNBC, Top News & Analysis,

Extremely tight credit conditions and a slowdown in China's economy led to a record amount of corporate defaults last year, according to experts.

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