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A comment on Risky Mortgage Bonds Are Back and Delinquencies Are Piling Up. Parent comment

Re:Risky Mortgage Bonds Are Back and Delinquencies Are Pilin... by landryraccoon on Tuesday November 05, 2019 @07:00PM (#21458312)
Why would investors not want to invest in a country that flush with liquid cash? I don't see how this is an argument that investors wouldn't see China as desirable.
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Re:Risky Mortgage Bonds Are Back and Delinquencies Are Pilin... by awinder on Tuesday November 05, 2019 @09:35PM (#21459215)
Because Chinas current market system is just about a decade old.

https://en.m.wikipedia.org/wiki/Chinese_accounting_standards

By all means, investors want to put money into China. It’s the amount of money you want to put into an immature market that is the question. And that’s not a dig and it’s not jingoistic, it’s just a fact, when you run a large market for over a century you kinda build solid foundations that can’t just be replicated on the spot. China’s market developing is a great thing but it’s just too young to seriously think it’s ready to be a reserve currency today.

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