Policy support set to keep bond default risks at bay

Authorities mull more measures to better manage the pace of ongoing deleveraging

Policymakers and local authorities are expected to better manage the pace of the ongoing deleveraging efforts by rolling out more supportive policies to ease growing repayment and bond default pressures, analysts said.

A series of bond defaults earlier this year had sparked concerns that debt pressure would surge rapidly and threaten the nation's overall financial stability. But there have been no such indications so far, they said.