China’s long-running real estate crisis and increasing risks in local government debt have forced the insurance industry to scale back a form of high-yield investment: non-bond debt issued by property developers or infrastructure builders.
In Depth: China’s Insurers Scale Back High-Yield Investment
2024年04月24日 18:52
Long-running real estate crisis and increasing risks in local government debt make insurance asset managers more cautious about debt of developers and LGFVs
[财新双语通产品，是为有双语需求读者专门订制的优惠产品， 按此可享超值优惠订阅。]
版面编辑：邱祺璞
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