The Traderszone Network

Published in TZ Latest News 19 August, 2014 by The TZ Newswire Staff

China Bond Default Risk Reignites, Despite "Never Anticipating Any Risks"

When, six months ago, we first brought the market’s attention to Chaori SolarChina’s first corporate bond default in history – there were 2 narrative sin play: 1) it’s all good, government knows the contagion risk and will bail them out (that happened), or 2) if government bails them out, it will merely delay the inevitable and stoke further risk exposure (that happened too).

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