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Baoshang Bank files for bankruptcy; has the CCP really ‘eliminated poverty’?

     SinoInsight  1      Nov. 21 The PRC State Council Financial Stability and Development Committee held a meeting to “study and regulate” bond market development and discuss measures to safeguard bond market stability. The meeting said that the recent increase in bond defaults is the result of “cyclical, institutional, and behavioral factors” piling up. The …

Read moreBaoshang Bank files for bankruptcy; has the CCP really ‘eliminated poverty’?

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