Opinion

China Property Bonds Seemed Low-cost at 20 Cents on the Greenback. They Weren’t.

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Editor
China Property Bonds Seemed Low-cost at 20 Cents on the Greenback. They Weren’t.


Oct. 16, 2023 11:00 pm ET

China’s property market meltdown created a multibillion-dollar alternative for distressed-debt buyers. It hasn’t paid off.

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