Debt Crisis in China originates from the root of its traditional self-sufficiency economic pattern and savings culture. ANBOUND chief researcher Chen Gong points out that China"s current attitude towards debt and bonds is completely mistaken, its fear for debt could hinder the improvement of macro-economic regulation. The underdeveloped bond market has become a bottleneck which impedes China’s economic development. After all, highly developed bond market serves as the key to attract capital both at home and abroad which would like to share China’s economic development result, to reduce institutional financial cost and to disperse institutional debt crisis.
