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 percentage of pre-outbreak levels is the demand for Chinese flights currently at?

What measures might airlines implement to reduce travelers' concerns about flying?