China to lead Asian distressed debt opportunity in 2010

Skepticism remains over whether an increasing number of distressed debt deals will be attractive to investors, according to a recent survey.

China tops the list of Asian countries expected to offer significant distressed debt opportunities in 2010, followed by Australia and Indonesia, according to a survey on Asian distressed debt released by Debtwire in association with Clifford Chance and Rothschild. 

However, the survey, which asked 100 investors in distressed debt, including private equity firms, hedge funds, and proprietary trading desks, for their views on Asia Pacific distressed debt markets, also showed investors were skeptical of the extent of the investable opportunity in China.

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