Chinese companies are facing mounting pressure to repay their dollar debts, as more than $100 billion in Chinese corporate dollar bonds are due to mature this year—the largest wave of maturities in history.China’s wave of dollar maturities will reach $118 billion, according to Refinitiv, a global financial market data provider.Japanese investment bank Nomura Holdings expects $190.4 billion in Chinese corporate dollar debt to mature this year and $217.7 billion next year, while China’s local state-owned enterprises (SOEs) have as much as $25 billion in offshore bonds maturing this year, according to a March report by S&P Global Ratings.Among the thousands...