Debt Woes at Large China Companies Mount Amid Payment Stress

Apr 23 2019, 6:29 AMApr 25 2019, 5:42 PMApril 23 2019, 6:29 AMApril 25 2019, 5:42 PM

(Bloomberg) -- The debt pain engulfing some of China’s big conglomerates has intensified in recent days with more bond defaults, asset freezes and payment uncertainties.