%0 Journal Article %A Jie Liu %A Frank J. Fabozzi %A Gauri Goyal %T Practical Applications of Investing in China’s High-Yield Debt Markets: A Proposed Credit Analysis Framework %D 2015 %R 10.3905/pa.2015.3.1.107 %J Practical Applications %P 1-4 %V 3 %N 1 %X Investing in China’s High-Yield Debt Markets: A Proposed Credit Analysis Framework Jie Liu Frank J Fabozzi Investors can find bargains in the Chinese high-yield bond market (US dollar-denominated securities that trade offshore). But, as the recent high-profile Sino-Forest bankruptcy clearly demonstrates, investors who fail to use a rigorous credit analysis process risk losing their shirts in this highly volatile and weaklyregulated market.In Investing in China’s High-Yield Debt Markets: A Proposed Credit Analysis Framework , presented in JPM’s Special China Issue , Jie Liu and Frank Fabozzi offer a new and rigorous framework, combining five credit metrics, to help investors find the most creditworthy investing opportunities in Chinese high-yield bonds. %U https://pa.pm-research.com/content/iijpracapp/3/1/1.3.full.pdf