05.03.2014 04:57:00
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Moody's: Rated Chinese firms have limited exposure to trust loans
Hong Kong, March 05, 2014 -- Moody's Investors Service says that while a default in China's trust loan market will likely raise interest costs and tighten the availability of such debt as a source of funding, trust loans only accounted for about 4% of Moody's-rated Chinese corporates' outstanding debt at end-2013.