Why China's debt defaults are 'good news' going into 2021: S&P Global Ratings
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Why China's debt defaults are 'good news' going into 2021: S&P Global Ratings

Defaults in China will reflect the degree of financial tightening allowed by policymakers, which will lead to more credit discipline and a safer financial environment over time, says Shaun Roache, chief Asia-Pacific economist at S&P Global Ratings.
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Thu, Dec 17 202010:39 PM EST