For decades, it’s been an article of faith in China’s credit market: Companies controlled by the central government will get bailed out if they ever run into trouble. Now investors aren’t so sure.
source https://www.smh.com.au/business/markets/red-lights-flashing-in-china-as-huarong-plunge-stokes-market-contagion-fears-20210414-p57j3j.html?ref=rss&utm_medium=rss&utm_source=rss_feed
source https://www.smh.com.au/business/markets/red-lights-flashing-in-china-as-huarong-plunge-stokes-market-contagion-fears-20210414-p57j3j.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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