China’s Creditor Squeeze Prompts Drop in Record Bond Defaults

The video discusses the current state of corporate debt in China, highlighting a decrease in defaults due to Beijing's leniency in restructuring debt amidst an economic slump. It also covers the challenges faced by the airline industry, with a focus on the impact of low oil prices and the slow recovery of travel demand. Analysts have upgraded some Chinese airlines, but concerns remain about the tourism market's recovery.

What has been the impact of Beijing's directives on the onshore corporate bond market?

• Stricter bondholder protection

• Higher interest rates

• More flexibility in debt restructuring

• Increased defaults

How has China's approach to bondholder protection changed recently?

• It has remained the same

• It has become stricter

• It has become more lenient

• It has been abolished

What is one of the main challenges currently faced by the Chinese airline industry?

• Overcapacity in flights

• High oil prices

• Lack of business travel

• Fear of travel among passengers

Which airline was upgraded by Credit Suisse due to recent economic conditions?

• Hainan Airlines

• China Southern

• China Eastern

• Air China

What percentage of people surveyed indicated they would wait six months or more to fly again?

• 50%

• 20%

• 30%

• 40%