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China may face biggest default in its history
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- 09 May, 2019
- 06:00
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In 2019, Chinese securities market may face the biggest default in its history, Report informs, citing foreign media.
Companies defaulted on 39.2 billion yuan ($5.8 billion) of domestic bonds in the first four months of the year, some 3.4 times the total for the same period of 2018, according to data compiled by Bloomberg.
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