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China’s rising defaults cause concern in country’s credit markets

By Bloomberg   |   15 July 2018   |   5:43 am  
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China's Rising Defaults Cause Concern in Country's Credit Markets
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China's Rising Defaults Cause Concern in Country's Credit Markets
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China releases its GDP numbers next week amid a trade war with the U.S. China is zooming to a record year of corporate-bond defaults, with the 2018 total already more than three-quarters of the previous high even before an expected economic slowdown bites.
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