Russia, China woes risk worst EM corporate default wave since financial crash – JPMorgan – Reuters.com

EM wide corporate default rate seen at highest since GFC Ukraine expected to see near 99% corporate default rate Russia forecast to see 27% default rateHalf of riskier Chinese property bonds may have defaulted by year end LONDON, April 4 (Reuters) – JPMorgan has warned that the combination of Russia’s war in Ukraine and China’s …

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