Trust bonds present ongoing risks for Chinese municipalities
The continuous need for Chinese local governments to raise capital for infrastructure projects will fuel bond issuance by their sponsored trust companies in 2013, despite the challenges to their credit quality, says Moody’s.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts