China Central Bank Orders Lenders To "Tolerate" Higher Bad Debt Levels To Avoid Financial Cataclysm
Feb 16th 2020 8:30pm EST
China Central Bank Orders Lenders To “Tolerate” Higher Bad Debt Levels To Avoid Financial Cataclysm Last week we reminded readers that unless Beijing manages to contain the coronavirus epidemic, China faces a fate far worse than just reported its first ever 0% (or negative) GDP print in history. For those who missed it, here it […]
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