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Aggregated China Business Blogs
China's Corporate Defaults To Increase And Banks To Suffer This Year
Aggregated Source: China Money Network
A slump in property and other key asset values in China could destabilize the economy and the financial sector unless proper measures are in place to anchor investor confidence, according to a report issued by Standard & Poor's Ratings Services today. "Corporate defaults are likely to increase as the central government gradually withdraws its implicit […]


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