Sichuan Languang’s crisis deepens with MTN default
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Asia

Sichuan Languang’s crisis deepens with MTN default

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China’s Sichuan Languang Development Co has become the latest property developer to default on a domestic public bond, failing to repay a Rmb900m ($139m) medium term note this week. More defaults from the company are likely, writes Addison Gong.

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