China prepares for question of trust

The new guidelines are comprehensive but the need to sustain economic growth may put pressure on enforcement.

Analysts fear that defaults in the shadow banking space could push into public bond markets. Will Beijing be able to implement reform?

Not all of China's local governments are drowning under the weight of their debts, according to a report by Standard & Poor's.

After Fitch warns that it might cut China’s local-currency debt rating, Andy Rothman, China macro strategist at CLSA, says the country is in a good fiscal position to cope with recession in the global economy.

Once again, the country's lenders will post good 2011 results, however, 2012 earnings prospects are gloomy.