China’s Market News: Default Risk Spreads in Northeast China

The default risk has spread from single state-owned enterprises to a broader scope in Northeast China amid local governments’ diminishing capability to provide support.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2016/08/08/Chinas-Market-News-Default-Risk-Spreads-in-Northeast-China.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:china_news