Goldman: China Defaults Up 100% Year-On-Year

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Rupert Hargreaves
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China Defaults China’s corporate defaults follow a stop-start pattern, but despite their erratic nature the pace of defaults is rising, that’s according to the most recent issue of Goldman Sachs’ China Default Watch research report. Nomura On China “only one practical way to reduce the stock of outstanding debts: defaults”  Hayman Capital Gains 24.8% In 2016 Remains Bearish On China The report, a copy of which has been reviewed by ValueWalk, was published at the beginning of this week and notes that during 2016 the number of Chinese corporate defaults more than doubled and the value of debt involved in…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk