Photographer: ChinaFotoPress/ChinaFotoPress via Getty Images

Now on China's Default Watch: $617 Billion in Regional Debt

  • 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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.