China's $12 Trillion Onshore Credit Market Brushes Off Defaults

The video discusses the resilience of domestic markets amidst policy changes and clampdowns, highlighting the divergence between onshore and offshore markets. It examines the challenges faced by the offshore bond market, particularly in real estate, and the high borrowing costs. The video also explores future expectations for market recovery and borrowing, emphasizing the potential of the onshore credit market as an appealing alternative, supported by Beijing's encouragement of bond sales and introduction of credit risk hedging tools.

In what ways is Beijing encouraging bond sales in the onshore credit market?

What potential signals are being observed regarding higher quality developers in the market?