Posts By admin

China’s Banks and the Problem of Bad Debt

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Late last year, moreover, the Bank for International Settlements (BIS) stated that China was within three years of a serious financial crisis. The bank reported that the country’s credit-to-GDP gap—a measure that the BIS uses…

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China's ZTE Corp names new chairman

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In a filing to the Shenzhen stock exchange after the market close, ZTE said outgoing chairman Zhao Xianming had resigned from the post “in order to improve the company’s management by differentiating the role of…

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