China bond clearing house notes company misses bond interest payment
Baoding Tianwei fails to pay interest on bonds due today. It may be fairly significant as they are a subsidiary of a central state owned firm and the third public domestic default
No idea of the amounts involved and there's no suggestion (yet) that this is part of something big. The market might just be getting a bit twitchy over news like this so they are taking note of these stories more than usual. That said, it only takes a breath to topple a house of cards ;-)
