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China's enterprise bond spreads, especially with high-yield ones, are still above their historical average and should compensate for a gradual rise in the overall rate of credit market defaults under an orderly deleveraging scenario, said Mark Haefele, chief investment officer of UBS Global Wealth Management, in a recent research note.
China's credit asset quality remained generally stable, according to statistics released by the country's top banking regulator on Monday.

China's medical and health institutions boasted a total of 8.4 million sickbeds as of the end of 2018, up 5.8 percent year-on-year. The number of sickbeds per 1,000 people rose from 5.72 in 2017 to 6.03 in 2018.
China's major e-commerce platforms are racing to be the first to put US beef under their online sales portfolio, with the arrival of the first commercial shipment of the meat and its products to China due over the weekend, marking the end of a 14-year import ban.
China's efforts to improve the quality of listed firms will gather pace with more support for cross-border acquisitions and strategic investments, sharpening global competitiveness of its equity assets, officials and experts said on Monday.
来源:资阳报