Credit risk is likely to increase in....>

CHINA PRESS: Credit risk is likely to increase in 2018 due to pressure from

slowing growth, falling producer prices and a peak in corporate profits, the

21st Century Business Herald reported Thursday. As of the end of October, there

have been 32 corporate bonds defaults in both public and private markets for far

this year, the report said, citing China Chengxin International Credit Rating

Co., the largest credit rating agency in China. The number of defaults have

decreased compared to 2016 due to better economic performance and improving

industrial profits, the report noted. But stricter financial regulation and a

tight funding environment will trigger more credit risk cases, the report

warned. (21st Century Business Herald)