Chinese Premier Li Keqiang has signalled the government is comfortable with the prospect of debt defaults within the nation's risky shadow banking sector.
Chinese retail investors have in recent years piled into wealth management products that fund the borrowers the nation's banks shy away from, such as miners and property developers.
One reason the country's $1.2tn trust market has grown so large is a widespread belief the government will not allow the companies whose loans back the wealth products to fail.
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