The absence of credit is one of obstacles to stop market from developing in China.
信用缺失是目前阻碍我国市场建设的障碍之一。
It is the absence of credit under adverse selection in the Security market of China that leads to the market for Lemons, which consists of many bad corporations.
由于我国证券市场上诚信的缺失,在逆向选择下,造成了我国证券市场的柠檬化(次品上市公司充斥其中)。
Nowadays, because of the absence of credit, many problems exist in Chinese construction market, such as bad quality and non-payment, which obviously related with bad performance of contract.
但目前,由于我国建筑市场的信用缺失,建筑领域存在着许多问题,如工程质量问题、工程款拖欠问题等,都与承发包合同履行不良有着密切的关系。
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