BlackRock Fund Faces Test in Recovering Defaulted China Loan

BlackRock Inc. is trying to recoup money it’s owed on a private credit loan in China, setting up a test for how Asia’s burgeoning reputation as a comparatively safer market...

By Trista Xinyi Luo, Kari Soo Lindberg · Bloomberg

BlackRock Inc. is trying to recoup money it’s owed on a private credit loan in China, setting up a test for how Asia’s burgeoning reputation as a comparatively safer market for such deals will play out in reality.