| 摘要: |
| 近年来,中国债券市场在超常规发展的同时,信用违约风险以及由此衍生出的系统性金融风险日益暴露。为了控制债券市场风险,中国债券市场的监管者面临着由“硬监管”向“软监管”转变中地方政府债务置换的隐患,以及PPP模式发展的障碍等现实困境。化解中国债券市场风险控制的困境,需要通过建立统一互联的债券市场、人民币国际化等系统机制的完善来予以实现。 |
| 关键词: 中国债券市场 风险控制 信用违约风险 金融风险 |
| DOI: |
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| Resolution for the Dilemma of Risk Control in Chinese Bond Market |
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WU Tao1, MA Tian12,
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| Abstract: |
| In recent years, with a uncommon development of Chinese bond market , the credit default risk and the systemic financial risks of Chinese bond market are increasingly exposed. In order to control the risk , the regulators of Chinese bond market are confronted with the dilemma of the replacement of local government debt from “hard supervision” to “soft supervision” and the obstacles to the development of PPP model. To resolve the dilemma of controling risk in Chinese bond market needs to achieve a systemic mechanism with establishing a unified Internet bond market, the internationalization of the RMB. etc. |
| Key words: Chinese bond market risk control credit defaul risk finconcial risk |