China’s debt risk management isn’t much better
February 6, 2010 · Filed Under Economics · View Comments
It looks like the United States and England aren’t the only countries facing billions in bad loans.
When you read “trillions of renminbi of defaulting loans already in China that no one is doing anything about,” you perk up about the coming crises in sovereign debt and realize it is truly global, with global repercussions.
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