Xuzhou Zhongsen Said to Avert Bond Default on Guarantor Aid (1)

Xuzhou Zhongsen Said to Avert Bond Default on Guarantor Aid (1)
… way of raising funds outside the network of so-called shadow banks. Smaller companies seeking to sell debt as part of the trial program wouldn't have to meet net asset or profit requirements, the Shanghai and Shenzhen stock exchanges said in May 2012.
Read more on Businessweek

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