Chinese bond defaults - It’s not the monetary size that matters

While bank defaults are not uncommon in Mainland China, a few recent defaults have triggered a strong response. What makes these different? Well, it’s not the size of the default but rather the high-profile nature of the companies themselves that has created a stir. In today’s episode, our experts from our China economics and banking risk teams, Rajiv Biswas, Angus Lam, Yating Xu, and Lei Yi, discuss implications of these recent bond defaults and the impact on the wider global banking sector. Read more about recent bond defaults in China: https://ihsmarkit.com/research-analysis/chinas-bond-defaults.html Rajiv Biswas, Chief Asia Pacific Economist https://ihsmarkit.com/experts/biswas-rajiv.html Angus Lam, Senior Economist, Banking Risk https://ihsmarkit.com/experts/lam-angus.html Yating Xu, Principal Economist, China https://ihsmarkit.com/experts/yating-xu.html Lei Yi, Economist, China https://ihsmarkit.com/experts/yi-lei.html