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The China Debt Syndrome

January 10, 2014 by Peter Leave a Comment

Over the Christmas and new year lull there has been some audible muttering among a few credible economic commentators that China may be entering rough waters with its shadow banking system. This system appears to provide much of the financial fuel for China's still extraordinary growth levels of more than 7 percent per annum. George Soros, who is no slouch when it comes to making money in the currency markets, has recently expressed concern, … [Read more...]

Filed Under: Financial crisis

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