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China debt crunch

China's Huarong eases debt fears with bond payments

Prices of outstanding issues rebound after regulator offers reassurance

Huarong has arranged funds to pay back a SG$600 million bond due April 27, two people told Nikkei Asia.   © Reuters

HONG KONG -- Bonds of China's largest distressed debt manager rebounded Monday, after the company repaid a local bond on time over the weekend and looked to set meet the payment deadline on a Hong Kong-listed bond next week.

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