Suntech – too big not to bail?

With Suntech shares getting smashed to an all-time low overnight on the back of a default, reports of a government rescue resurfaced. And if the rumours are true, the flow-on effects will be significant.

The local government in Suntech Power Holdings Co Ltd's home town is seeking to bailout China's biggest solar panel maker to stave off its collapse, a person with knowledge of the matter told Reuters on Thursday.

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