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China's 1.1t yuan dealmaker debt raises alarm amid probe
Aside from bonds and loans, some companies have at times also turned to risky shadow financing
Add BT as a preferred sourcePublished Wed, Jul 5, 2017 · 09:50 PM
Shanghai
CHINA struck deal after deal to acquire companies abroad over the last few years. Now the bill is coming due.
The nation's top corporate dealmakers, including HNA Group and Fosun International, must pay off the equivalent of at least US$11.5 billion in bonds and loans by the end of 2018 - a feat now complicated by government efforts to rein in their aggressive rush overseas.
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