China’s Credit Bubble Is Unprecedented In History – Charlene Chu – ValueWalk Premium

China’s Credit Bubble Is Unprecedented In History – Charlene Chu

Chinese banking narrowly avoided a high profile embarrassment last week after the Industrial & Commercial  Bank of China Ltd announced that holders in a financial product issued by China Credit Trust could redeem their funds by selling out to unidentified buyers, according to an investor quoted by Bloomberg . . .

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