Deutsche Bank Sees ‘Distressed Debt Cycle’ Starting in China – Bloomberg

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.
— Read on www.bloomberg.com/news/articles/2020-01-16/deutsche-bank-sees-distressed-debt-cycle-beginning-in-china