Now on China's Default Watch: $617 Billion in Regional DebtBloomberg News
No local financing-vehicle defaults yet amid 12 delinquencies
Potential for state support `weakened materially:' StanChart
China’s default watch is starting to include the 4 trillion yuan ($617 billion) debt of financing arms of regional authorities, so far spared amid at least a dozen bond delinquencies over the past two years.
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