Strains Emerge in China’s $3 Trillion Financing Market

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Strains Emerge in China’s $3 Trillion Financing Market
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Indebted borrowers are running into trouble in China and this could further lessen the credit available to private firms, weighing on an already slowing economy

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The fear is that this could further reduce the credit available for private businesses, acting as a drag on an economy whose growth is already slowing.

Lightly regulated trust companies have been critical lenders for these firms, as traditional banks deal mostly with favored state-owned enterprises. These problems could also bounce back on many small investors.

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WSJ /  🏆 98. in SG
 

这是我们中国重庆朝天门。官员和财阀们破坏了我们的家乡。

Molasses...

At least until they call in the notes from other foreign entities?

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