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Bad Debt Soars 35% In China As Government Set To Fabricate Dismal Loan Data

Bad Debt Soars 35% In China As Government Set To Fabricate Dismal Loan Data Back in March, we noted that decelerating economic growth and bad debt are taking a toll on profitability at China’s largest banks, leading them to slash payouts to shareholders. “Particularly hard hit is ABC, which saw its non-performing loans jump 25bps Q/Q,” we […]

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On The Looming Wall Of Chinese Defaults, Restructuring Firm Warns “You Know It’s Coming” | Zero Hedge

On The Looming Wall Of Chinese Defaults, Restructuring Firm Warns “You Know It’s Coming” | Zero Hedge. The news this week of China’s largest corporate bankruptcy – Haixin Iron & Steel Group – amid crashing iron ore and steel prices was followed by analysts noting it “will be followed by others,” as the major flaw of producers of iron […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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