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China's US$162 bil of dealmaker debt raises alarm

Bloomberg Published on Wed, Jul 05, 2017 / 7:58 AM GMT+8

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(July 5): 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 Co. and Fosun International Ltd., must pay off the equivalent of at least US$11.5 billion ($15.82 billion) in bonds and loans by the end of 2018 -- a feat now complicated by government efforts to rein in their aggressive rush overseas.