Over-leveraged Chinese SoEs causing concern

There are concerns over bond structures and the debt levels for Chinese state-owned enterprises amid sluggish growth.

Over-leveraged Chinese SoEs causing concern
Viktor Hjort

Asia’s debt markets have taken a pause, but year-to-date volumes for China dollar debt are at record highs nonetheless.

Chinese issuers have raised $33 billion from the dollar bond market so far this year, more than double the $14 billion raised during the same period last year and exceeding the $29 billion raised during the whole of last year, according to Dealogic.

However, amid these record volumes, there are concerns over the...

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