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Corporate defaults surge as China backs off broad easing

johnNjohnN
edited May 2019 in The Bullpen
https://www.todayonline.com/world/corporate-defaults-surge-china-backs-broad-easing

Watch em Corp debts... If you don't understand them don't buy them

Wonder if this is beginning of 2007 situations again when many companies simply don't have enough capitals... Maybe another large crash comin?


Corporate defaults surge as China backs off broad easing
Published30 April, 2019
Updated 30 April, 2019

SHANGHAI - China's Neoglory Holdings Group is no stranger to bond defaults. The privately owned apparel and accessories retailer missed payments on seven bonds last year, and has racked up an additional three defaults in 2019.
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