Chinese Companies’ Dollar Debts Reach Tipping Point
Strong dollar, a slowing economy, and trade war adding fuel to fire
Domestic debt has long been an issue for the Chinese economy. But one particular corner of the debt market—dollar-denominated debt issued by Chinese companies—looks increasingly in danger of collapse.
Domestic debt has long been an issue for the Chinese economy. But one particular corner of the debt market—dollar-denominated debt issued by Chinese companies—looks increasingly in danger of collapse.