China Likely To See First Local Government Bond Default In 2018

China can expect to see a rising number of bond defaults in 2018, including the likelihood of a first ever default by a local government financing vehicle (LGFV), according to a report by S&P Global Indices.

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Jason Booth
Jason has over two decades of experience in financial journalism, having previously worked and written for The Wall Street Journal, The Los Angeles Business Journal, The South China Morning Post, Knight-Ridder Financial News, The Far Eastern Economic Review and others in Hong Kong, Korea and the U.S.