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Local govts erode CCP creditworthiness with SOE defaults; State Dept releases a China policy blueprint

     SinoInsight  1      Chinese companies, including state-owned enterprises, have recently begun defaulting on their debts one after the other, a worrisome phenomenon for investors. Nov. 13 1. Lou Jiwei, a member of the Standing Committee of the Chinese People’s Political Consultative Conference and former finance minister, said at the 11th Caixin Summit in Beijing …

Read moreLocal govts erode CCP creditworthiness with SOE defaults; State Dept releases a China policy blueprint

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