Cracks Continue To Appear In China's Financial SystemRupert Hargreaves
Cracks Continue To Appear In China's Financial System
The world’s largest casino, or China’s financial system as it’s more formally known, continues to exhibit irrational and concerning behaviour this year. The latest trend, as highlighted by Bank of America Merrill Lynch’s China: An Equity Strategist’s Diary research report, the is the volume of non-government bond issuances that have been cancelled or postponed so far in 2016.
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