“We used to price SOE bonds based on how strong their government backing was,” said Zhang Pan, head of credit rating at a Shanghai-based bond fund. “We will have to pay more attention to their fundamentals in the future.” On the quake in China’s SOE bonds.
ft.com/content/397b7c… https://t.co/DzXLnk3jyJ
RT @stevehouf: Despite contributing 30-50% of *electricity* generated, renewables continue to contribute a very small percentage of the tot…
There are economies of scale in the construction of battery plants and China’s vast lead in the industry gives it a huge advantage. ft.com/content/a00a55… https://t.co/bXxrpIBEvr
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