loans

Credit risks hang over Hainan Airlines

After its defaults last year, creditors could call in $12 billion of debt from Hainan Airlines, the prize asset of Chinese conglomerate HNA Group.
June 12, 2019

China offers Belt and Road debt-trap antidote

China hopes a new framework might help countries avoid unsustainable levels of Belt and Road-related debt. But, as Malaysia has shown, some hard bargaining may also be in order.
April 26, 2019

ADM sees opportunity in distressed debt

ADM Capital has been seeking debt financing opportunities among distressed Chinese companies for more than 15 years. While that opportunity remains strong, its funding of outbound deals is shrinking.
March 25, 2019