China Said to Approve Credit Default Swaps

With corporate bond defaults in China rising, China is said to have approved the trading of credit default swaps for the very first time. Bloomberg's Stephen Engle reports on "Trending Business." (Source: Bloomberg)

Is an Economic Recovery Underway in China?
39:31 - Jing Ulrich, vice chair of Asia Pacific at JPMorgan Chase, discusses the outlook for China's economy with Bloomberg's Angie Lau, Rosalind Chin, Juliette Saly and Haidi Lun on "Asia Edge." (Source: Bloomberg)
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