However, if Chinese growth were to slow considerably — as legendary short-seller James Chanos believes it will in the near future — it is unlikely that Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) would be able to maintain its favorable access to debt. The company will inevitably face a liquidity crunch that will send it into bankruptcy and a long restructuring process. As perhaps the lowest-cost firm in the industry, First Solar, Inc. (NASDAQ:FSLR)'s low debt load will allow it to ride out the vicissitudes in demand as the young solar industry gets off the ground. Even so, First Solar, Inc. (NASDAQ:FSLR)'s fate is tied to the ability of solar generation to deliver capacity, reliability, and efficiency to a mass market; the company's earnings miss this quarter shows there is still a long way to go before that happens.