The mainland's lack of external debt has led some investors to dismiss the CDS as a purely speculative instrument. The mainland's lack of external debt has led some investors to dismiss the CDS as a purely speculative instrument.
The mainland's lack of external debt has led some investors to dismiss the CDS as a purely speculative instrument.

Credit default swaps booming in China

Trading in sovereign CDS contracts takes off as Asia hedge tool amid economy fears

The mainland's lack of external debt has led some investors to dismiss the CDS as a purely speculative instrument. The mainland's lack of external debt has led some investors to dismiss the CDS as a purely speculative instrument.
The mainland's lack of external debt has led some investors to dismiss the CDS as a purely speculative instrument.
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