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Global Creditors Face Long Fight With China Developers for Money.
- Source :
- Bloomberg.com; 3/28/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- (Bloomberg) -- Global creditors are bracing for a long-drawn battle to recover money from China's troubled developers, as a property meltdown continues to roil the nation's $735 billion offshore bond market for a third straight year. China's high-yield dollar bonds, dominated by developers' debt, are on track for their biggest monthly loss since October, dragged down in part by dimming prospects for rapid recovery. [Extracted from the article]
- Subjects :
- DEBTOR & creditor
DEBT relief
INVESTORS
BOND market
BONDS (Finance)
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 162733710