Logo 06 Aug 2021

Corporate bond defaults edge up

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Corporate bond defaults have crept up this year.
Don't worry: The scale of defaults remains small relative to the size of the market.
On Thursday, the Paper reported that in the first seven months of 2021 issuers defaulted on RMB 71.7 billion worth of bonds. That's a mere increase of RMB 3.7 billio...