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Chinese Onshore Defaults On Pace For Another Record Year In 2019
Getting right to it. . . Two months ago – I wrote about the record-breaking onshore defaults that have plagued corporate China in 2018. And – further – I hypothesized that this trend will continue over the next year. (You can read that article here if you haven’t yet – I even disclosed how I was personally playing the wave of coming defaults). Now – only a few months into 2019 – and things are looking dire in corporate China. Let me explain. . . Thus far – 2019’s shaping up as another record year for Chinese corporate defaults. To give you some perspective – in just the first four months of this ... (full story)