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China’s Debt Time-Bomb: Brace for a Defaults Explosion!

China's strict government control of the economy may lead to a surge in bond defaults next year. Despite low default rates, analysts worry that government actions to prevent defaults could create imbalances. Tech, consumer, and retail sectors remain vulnerable due to slowing growth. The real estate market's weakness, which has caused previous defaults, also remains a concern. Ultimately, the stability of the property market and Beijing's economic strategy will determine the likelihood of future bond defaults.