Another Chinese Default - But It's Still Not A Bear Stearns Moment For China |
March 14, 2014 | March 2014 Bond Updates |
Earlier today, China's premier, Li Keqiang, warned that the country was likely to experience a number of defaults as a consequence of the government increasing financial deregulation. At a press conference, he described future bond defaults as "unavoidable". |
View more at: http://www.forbes.com/sites/chriswright/2014/03/13/another-chinese-default-but-its-still-not-a-bear-stearns-moment-for-china/ |
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