All posts in " Shanghai Composite "

China Corporate Defaults: Good, Bad, or just Ugly?

By admin / June 10, 2016

A fertilizer producer in north China defaulted on bond payments, which is a positive aspect as the state governments are not so eager to bail out failed companies. This will be a positive step forward in transforming China into a major capital market. For now, it is still not ready for prime time. Of course, […]