Qinghai LGFV narrowly misses default but debt woes remain
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Asia

Qinghai LGFV narrowly misses default but debt woes remain

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Qinghai Provincial Investment Group Co successfully redeemed its $300m bond this week, giving a boost to its entire secondary curve and ending months of speculation about a possible default. But its debt-related troubles are not over just yet, writes Addison Gong.

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