Post Profile






Chinese Banks Will Need $1.7 Trillion To Cover Bad Debt Deluge, S&P Calculates

Just last week we noted that in the latest shocker to emerge out of corporate China, at least a quarter of Chinese companies were unable to generate enough cash to cover their interest expense: as we noted previously this is the Ponzi Finance stage of China's debt curve, the one that comes just before the inevitable "Minsky Moment" at which point all bets are off. The implications of this,
read more

share

Related Posts


Will 2017 Be The Year Of The EM Corporate Debt Crisis?

Business & Finance : Zero Hedge

Back in October we brought you “Chinese Cash Flow Shocker: More Than Half Of Commodity Companies Can't Pay The Interest On Their Debt,” in which we highlighted a report from Macquarie that contained the following rather disconcertin...

CLSA Just Stumbled On The Neutron Bomb In China's Banking System

Business & Finance : Zero Hedge

Two weeks ago, using Macquarie data, we found something disturbing at China's micro level: not only are a quarter of Chinese firms with debt unable to cover their annual interest expense currently....... but when just looking at the...

China's "Minksy Moment" - $1.2 Trillion In Ponzi Financing

Business & Finance : Zero Hedge

Early last month in “Chinese Cash Flow Shocker: More Than Half Of Commodity Companies Can't Pay The Interest On Their Debt,” we highlighted a report from Macquarie which showed that for many Chinese corporates, debt service payments...

China Shocker: A Quarter Of All Companies Can't Pay The Interest On Their Debt

Business & Finance : Zero Hedge

Almost exactly one year ago, we reported that as a result of the commodity crash of 2015, more than half of Chinese companies in the commodity sector did not generate enough cash flow to pay the interest on their debt. Months later ...

Chinese Cash Flow Shocker: More Than Half Of Commodity Companies Can't Pay The Interest On Their Debt

Business & Finance : Zero Hedge

Earlier today, Macquarie released a must-read report titled "Further deterioration in China’s corporate debt coverage", in which the Australian bank looks at the Chinese corporate debt bubble (a topic familiar to our readers since 2...

Comments


Copyright © 2016 Regator, LLC