Repayment pressure rising, along with bankruptcy concerns
By Xie Yu | China Daily | Updated: 2014-03-19 07:38
Country's debt risk is 'generally controllable', but more defaults of financial products may occur in the coming months, reports Xie Yu from Shanghai
China's debt issues may continue producing negative noise in coming months, and repayment pressure is bound to increase as more debt matures and economic growth slows, experts said.
Analysts at home and abroad warn that 2014 will see an unprecedented amount of debt mature in all kinds of financing channels, from trust loans to local government financing vehicles.
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