After a Covid-induced interlude, tackling China’s debt problem now appears to be back on Beijing’s agenda. In the past two weeks, three state-owned firms have defaulted on bonds. One was a coal miner based in central China.
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After a Covid-induced interlude, tackling China’s debt problem now appears to be back on Beijing’s agenda. In the past two weeks, three state-owned firms have defaulted on bonds. One was a coal miner based in central China.