China Rocked By Two Biggest Corporate Defaults Yet...related to green energy.

China Rocked By Two Biggest Corporate Defaults YetEver since Beijing allowed Chinese companies (even certain state-owned enterprises) to officially fail for the first time in 2016, and file for bankruptcy to restructure their unsustainable debt loads, it's been a one-way street of corporate bankruptcies, one which we profiled last June in "

Is It Time To Start Worrying About China's Debt Default Avalanche", and which culminated with a record number of Chinese onshore bond defaults in 2018, as a liquidity crunch sparked a record 119.6 billion yuan in defaults on local Chinese debt in 2018.Time To Start Worrying About China's Debt Default Avalanche", and which culminated with a record number of Chinese onshore bond defaults in 2018, as a liquidity crunch sparked a record 119.6 billion yuan in defaults on local Chinese debt in 2018.since Beijing allowed Chinese companies (even certain state-owned enterprises) to officially fail for the first time in 2016, and file for bankruptcy to restructure their unsustainable debt loads, it's been a one-way street of corporate bankruptcies, one which we profiled last June in "Is It Time To Start Worrying About China's Debt Default Avalanche", and which culminated with a record number of Chinese onshore bond defaults in 2018, as a liquidity crunch sparked a record 119.6 billion yuan in defaults on local Chinese debt in 2018.

And by the early look of things, 2019 won't be any better after two large Chinese borrowers missed payment deadlines this month according to Bloomberg, setting the scene for even more corporate defaults, and "underscoring the risks piling up in a credit market that’s witnessing the most company failures on record."

since Beijing allowed Chinese companies (even certain state-owned enterprises) to officially fail for the first time in 2016, and file for bankruptcy to restructure their unsustainable debt loads, it's been a one-way street of corporate bankruptcies, one which we profiled last June in "Is It Time To Start Worrying About China's Debt Default Avalanche", and which culminated with a record number of Chinese onshore bond defaults in 2018, as a liquidity crunch sparked a record 119.6 billion yuan in defaults on local Chinese debt in 2018. 

And by the early look of things, 2019 won't be any better after two large Chinese borrowers missed payment deadlines this month according to Bloomberg, setting the scene for even more corporate defaults, and "underscoring the risks piling up in a credit market that’s witnessing the most company failures on record."

since Beijing allowed Chinese companies (even certain state-owned enterprises) to officially fail for the first time in 2016, and file for bankruptcy to restructure their unsustainable debt loads, it's been a one-way street of corporate bankruptcies, one which we profiled last June in "Is It Time To Start Worrying About China's Debt Default Avalanche", and which culminated with a record number of Chinese onshore bond defaults in 2018, as a liquidity crunch sparked a record 119.6 billion yuan in defaults on local Chinese debt in 2018. 

And by the early look of things, 2019 won't be any better after two large Chinese borrowers missed payment deadlines this month according to Bloomberg, setting the scene for even more corporate defaults, and "underscoring the risks piling up in a credit market that’s witnessing the most company failures on record."