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Wednesday, April 22, 2015
Debt Default Risks Spread to State-owned Enterprises
ANBOUND

Under the pressure of economic slowdown, bond default risks have spread to state-owned enterprises and Tianwei became China's first state-owned company to default. ANBOUND think tank scholars hold that in marketization settlement, Tianwei should bear legal liability because of its violation. When dealing with this individual financial risk case, China should make regulations, follow laws and marketization rules, as well as establish and enhance rule consciousness. This is what Chinese economy can benefit most from the individual financial risk case.

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