China to Introduce Credit-Default Swaps by Year-End
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  China to Introduce Credit-Default Swaps by Year-End
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Author Topic: China to Introduce Credit-Default Swaps by Year-End  (Read 409 times)
phk
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« on: September 27, 2010, 03:30:55 PM »

“We believe CDS is a neutral risk-management tool,” Shi said. “It is neither evil nor good.”
Would be interesting to see how China regulate this market

http://www.businessweek.com/news/2010-09-13/china-to-introduce-credit-default-swaps-by-year-end.html
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Beet
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« Reply #1 on: September 27, 2010, 04:45:06 PM »

This is not a surprise. I'd still trust a credit default swap over a rating agency any day.
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