The trade dispute and slowing GDP growth are putting additional pressure on domestic corporates with loan payments due.
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The trade dispute and slowing GDP growth are putting additional pressure on domestic corporates with loan payments due.
Authorities have allowed domestic bond defaults and may soon give the green light to their offshore counterparts, said Arthur Lau, head of Asia ex-Japan of fixed income at Pinebridge Investments.
China’s central bank has relaxed the rules for mainland corporates to issue offshore bonds, according to the People’s Bank of China.
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