China Can Bail Out All Of Its Banks, But Can It Stomach A Major Bankruptcy? |
| June 25, 2013 | June 2013 Bond Updates |
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China has been under intense scrutiny after a credit crunch but the stability of its banking sector in question, yet experts agree China has the firepower to bail out its whole financial system, but in order to do so, it will have to deal with a major bankruptcy to eliminate moral hazard. |
| View more at: http://www.forbes.com/sites/afontevecchia/2013/06/25/china-can-bail-out-its-whole-banking-system-but-can-it-stomach-a-major-bankruptcy/ |
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