One research group, Gavekal Dragonomics, calls it “the magical debt-shrinking machine”. When the Chinese government first confronted a mountain of non-performing loans (NPL) in the state-owned banking ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One research group, Gavekal Dragonomics, calls it “the magical debt-shrinking machine”. When the Chinese ...
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