ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Buildings are seen along the Songhua River in Harbin, in northeastern China.   © Reuters
FT Confidential Research

As local Chinese governments come clean on debt, companies teeter

Property boom helped businesses avoid failure but time is short, FTCR finds

| China

Companies controlled by Chinese local governments have avoided defaulting on their bonds so far. They will not continue to be so lucky.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more