Defaults in the bond market are.........>

CHINA PRESS: Defaults in the bond market are becoming the normality, as both the

number and total of defaults has doubled since last year, the  21st Century

Business Herald on Friday citing data from the Wind terminal.

- So far this year, there have been 126 bonds defaults, totalling CNY116.5

billion, both record highs. While in 2017, there were only 43 defaults valued at

CNY38.5 billion, the newspaper said.

- The rash of bond default has been triggered largely by corporate operating

difficulties amid the slowing economy. As many companies are in the habit of

using short-term financing to fulfil  long-term capital needs, they are likely

to face liquidity issues when they can't roll over debt, the newspaper said,

citing Tao Dong, chief economist at Credit Suisse's Asia region.