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.
Residential developments are seen in Tianjin City on May 10, 2018. Fred Dufour/AFP/Getty Images
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.
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.