CHINA 2015 CRISIS: State -Run Bond Defaults On Interest

Not Concerned About China’s Financial Crisis? You Should Be

In February, IVN reported on a mostly ignoredstudy claiming that the world, especially China, was at risk of default (and possible economic meltdown) because of skyrocketing debt burdens.

On Tuesday, almost all media outlets worldwide picked up on the first Chinese-state owned business allowed to default.

Struggling in a cooling economy, Baoding Tianwei Baobian Electric missed its $13.8 million interest payment due on April 21 for bonds traded within China. Even though it is a state-owned company, Beijing let them default. Read More

What if rates begin to climb too? Oh my...

China's Stock Market A Casino

Beijing 'may be playing risky game in stock rally'

THE Chinese stock market is on fire after a rally sent the benchmark equity index to a seven- year high, but experts say Beijing could be playing a risky game in its bid to revive the economy through a boost to stocks.

After a previous market crash wiped out more than US$3.5 trillion (S$4.7 trillion) from the market's 2007 peak, a new bull run has taken hold. The Shanghai index has more than doubled since the run-up began last July.

While stocks have been gaining on the back of expectations of new measures to spur the slowing Chinese economy, experts say this rally is not without a key cheerleader - Beijing itself. Read More.

Huge Rally -  Remember Japan