Asia – Economy
Showing posts with label
credit ratings
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Showing posts with label
credit ratings
.
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Saturday, August 10, 2013
Exclusive: China to let banks sell off loans in prelude to possible bailout
(Reuters) -
China
is developing a new trading platform to enable banks to sell off loans to a wider range of investors, in a move that could pave the way for a government bailout of lenders or distressed asset sales to private investors.
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