Deutsche Bank Sees ‘Distressed Debt Cycle’ Starting in China
- Foreign firms have greater role to play in China NPLs: Khattar
- China onshore corporate defaults hit record last year
This article is for subscribers only.
Sign up for Next China, a weekly email on where the nation stands now and where it's going next.
Amid rising defaults and tighter liquidity for Chinese privately-owned enterprises, the nation’s banks are letting some companies fail, something Deutsche Bank AG says presents bigger opportunities for foreign investors in troubled debt.