Overseas investors focus mainly on issuers that are likely to be rescued in the event of a crisis, and show little confidence in the ability of China’s rating companies to warn them of defaults in advance. Photo: Reuters Overseas investors focus mainly on issuers that are likely to be rescued in the event of a crisis, and show little confidence in the ability of China’s rating companies to warn them of defaults in advance. Photo: Reuters
Overseas investors focus mainly on issuers that are likely to be rescued in the event of a crisis, and show little confidence in the ability of China’s rating companies to warn them of defaults in advance. Photo: Reuters

China liquidity trap deters funds

Onshore bond market hampered by secondary trading that is less than a quarter of levels seen in the US

Overseas investors focus mainly on issuers that are likely to be rescued in the event of a crisis, and show little confidence in the ability of China’s rating companies to warn them of defaults in advance. Photo: Reuters Overseas investors focus mainly on issuers that are likely to be rescued in the event of a crisis, and show little confidence in the ability of China’s rating companies to warn them of defaults in advance. Photo: Reuters
Overseas investors focus mainly on issuers that are likely to be rescued in the event of a crisis, and show little confidence in the ability of China’s rating companies to warn them of defaults in advance. Photo: Reuters
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