China Sets Plans to Launch a Junk Bond Market Soon: Report

CNBC Monday 6th February, 2012

China may launch a junk bond market as early as this month or next, local media said on Monday, a move that will expand access to credit for small, private firms that currently find it difficult to obtain financing. The China Securities Regulatory Commission (CSRC), which oversees corporate bonds traded in China's stock exchanges, has met with exec...

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