China’s Corporations Keep Defaulting as MASSIVE DEBT Leaks Into Economy

Debt is always going to be an issue.It’s not just an issue for the borrower but also for the issuer. They’re always dealing with the prospect of not being paid back. This tends to be fine in a limited scenario. However, over time as this adds up, eventually corporations can no longer handle the mounting pressure and go bust. This should be one interesting ride.

Two Large Chinese Borrowers Miss Bond Payments, Sources Say - BNN Bloomberg
https://www.bnnbloomberg.ca/two-large-chinese-borrowers-miss-bond-payments-sources-say-1.1212064
china defaults 2018.jpg (918×524)

HNA Unit Defaults on Interest Payment, Faces Asset Seizures - BNN Bloomberg
https://www.bnnbloomberg.ca/hna-unit-defaults-on-interest-payment-faces-asset-seizures-1.1244928
HNA Group - Wikipedia
https://en.wikipedia.org/wiki/HNA_Group
China's HNA Group Still Needs To Raise Tens Of Billions More, And It Won't Be Easy
https://www.forbes.com/sites/ywang/2019/04/08/chinas-hna-group-still-needs-to-raise-tens-of-billions-more-and-it-wont-be-easy/#5a98bf472ff6
HNA Group to sell stake in Hong Kong firm to Blackstone for $894 mln - Reuters
https://www.reuters.com/article/china-hna-group-blackstone/hna-group-to-sell-stake-in-hong-kong-firm-to-blackstone-for-894-mln-idUSL3N20X06Z
HNA Group tells warring Hong Kong Airlines parties to behave as battle for control of airline continues | South China Morning Post
https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3006844/hna-group-tells-warring-hong-kong-airlines-parties