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Seeking Solutions to China’s Mountain of Debt

The Wall Street Journal
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March 06, 2014 AT 2:37 AM
Chinese Premier Li Keqiang said this week that Beijing is working to “defuse debt risks" in the country's financial system, as a solar company appears set to be the first to default in its $1.4 trillion corporate bond market. Heard on the Street columnists Alex Frangos, Abheek Bhattacharya and Aaron Back debate whether Beijing is doing enough to prevent the country's debt problem from becoming a crisis.