Oz Blog News Commentary

Chinese deleveraging campaign continues

May 19, 2017 - 12:34 -- Admin

As expected, from Reuters: China’s financial deleveraging will continue given that a regulatory clampdown on risky lending hasn’t “achieved its goals”, a state-run newspaper said in a commentary on Wednesday. The Economic Daily, which is run by China’s cabinet, published the article just days after Premier Li Keqiang said China is capable of maintaining stability

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