Venezuela's recent debt default triggered market concerns. Standard & Poor's global rating released a statement on the evening of November 13 saying that due to Venezuela's failure to timely pay a US$ 200 million interest within a 30-day grace period; it officially announced Venezuela debt default and believed that the probability of the country to slip into default again in the next three months is 50%. It should be pointed out that Venezuela's debt default could trigger a series of dangerous events that will destabilize Venezuela to a deeper crisis. Previously, Anbound has already reminded Chinese companies about the risks.