A China Securities Journal front-page commentary
- Corporate debt default risks have multiplied as growth decelerates and the property sector undergoes change
- Warned that overcapacity related to the real estate sector, including developers, steel, cement and plate glass, will worsen
- Said recent debt defaults may be only a start
- China should be alert to any domino effect and to regional debt crises
Via MNI
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The China Securities Journal is a national securities newspaper, sponsored by the official Xinhua News Agency.