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Feb 09, 2021 18:03 MINS

Episode 74: Chinese bond defaults - It’s not the monetary size that matters

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Rajiv Biswas

Executive Director and Asia-Pacific Chief Economist, S&P Global Market Intelligence

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Lei Yi

Senior Economist, Research Advisory Specialty Solutions, S&P Global Market Intelligence

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Yating Xu

Principal China Economist, S&P Global Market Intelligence

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Angus Lam

Senior Economist, Country Risk, S&P Global Market Intelligence

While bond 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.


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