China’s bond market is hosting a battle of wills between the country’s leadership and lower-ranking officials and corporate bosses.
They are fighting over perpetual bonds, debtlike securities that lack a maturity date and technically never need to be repaid. Issuance has surged since the start of 2018, partly because state-backed companies see them as a way to hit Beijing-mandated debt-reduction targets without going through a painful restructuring or diluting government control.
SenSchumer
sfpelosi
Irish sandwich reloaded
Sounds like the US economy
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »
Источник: Newsweek - 🏆 468. / 52 Прочитайте больше »