China’s Creditor Squeeze Prompts Drop in Record Bond Defaults

Apr.21 — China’s virus-hit economy was expected to have put the world’s second-largest bond market on course for a third-straight year of record defaults, but it’s not panning out that way. Bloomberg’s Tom Mackenzie reports on “Bloomberg Markets: China Open.”

In This Story: China

China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes the former nations of Tibet and Hong Kong. The capital is Beijing.

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