A state-owned bad loan bank has agreed to bail out China’s first domestic bond default, in a move that could reinforce the assumption that even risky credit enjoys an implicit government guarantee.
一家國有壞賬銀行已同意救助中國首筆國內債券違約，此舉可能使人們更加相信一個假設：即便高風險的信貸也享受隱性政府擔保。
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