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Breakingviews: A Default That Might Do China Some Good

China may face pressure to shield investors from losses on a troubled product, but allowing it to fail could be a major step forward for the country's financial system, says Peter Thal Larsen of Breakingviews.

http://www.wgrz.com/video/3065619037001/1/Breakingviews-A-Default-That-Might-Do-China-Some-Good http://cdn.newslook.com/f7/f75ade4d26e6788e8bceba68de297073/images/frame_ext.jpg Breakingviews: A Default That Might Do China Some Good China may face pressure to shield investors from losses on a troubled product, but allowing it to fail could be a major step forward for the country's financial system, says Peter Thal Larsen of Breakingviews. Peter ThalPeter Thal LarsenFinanceTARA JOSEPHnewslookChina 02:20

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