


| Corporate defaults in Asia set to rise, with hot spots in China, India |
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HONG KONG: Defaults across Asia may be headed even higher next year, with trouble seen especially in China and India. Many investors expect fewer bailouts by the Chinese government after it recently let commodities trader Tewoo Group default in the biggest failure on a dollar bond by a state-owned firm in two decades.
Posted: 2019-12-25 12:21:00
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