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China and Shadow Financing

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Of course, concerns about debt and the financial system are not unique to China. In Italy, for example, many banks found themselves saddled with non-performing loans (bad debt), and some small banks faced restructuring. New…

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China to crack down on censor-busting services

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China is cracking down on the hi-tech ways citizens avoid official scrutiny of what they do online. The nation’s Ministry of Industry and Information Technology has announced plans to “clean up” unauthorised internet connections. The…

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