If a bond defaults when few people close by are paying attention, should it cause a stir? Shanghai Chaori Solar Energy has said it cannot pay Rmb89.8m ($14.6m) in interest due on Friday. Assuming disaster is not averted, it will become China’s first onshore corporate bond default. The first of anything can be a big deal, especially to overseas China-watchers scarred by the west’s financial crisis where small events did presage wider turmoil. But this one – should it happen – would be most welcome.
如果一只债券在周围没有多少人关注的情况下违约，它应当掀起轩然大波吗？上海超日太阳能(Shanghai Chaori Solar Energy)已表示无法在周五的预定付息日偿付8980万元人民币（合1460万美元）的利息。假设这场违约真的发生，它将是manbetx3.0 在岸公司债券市场上的首例违约。任何事情的头一回都可能是大事，尤其对海外的manbetx3.0 观察人士而言——西方的金融危机给了他们一个教训，就是细微的小事确实可能预示着更大范围的动荡。但此次违约事件假如真的发生，将是十分可喜的。