PBOC Denies It Will Bail Out Collapsed Real Estate Developer While Chinese Property Developer Market Crashes
March 18, 2014 at 12:00 PM EDT
In yesterday's most underreported story, which we noted first thing yesterday morning, China is on the verge of a second bond default just weeks after Solar cell maker, Chaori Solar, defaulted earlier this month, this time Zhejiang Xingrun (appropriately abbreviated ZX):
