Red Capitalism
by Carl Walter and Fraser Howie
This is a very important book. The Chinese banks continue to require bailouts and recapitalisation from their government. The whole process is precarious: the author sees it as a kind of Ponzi scheme.
This is a very important book. The Chinese banks continue to require bailouts and recapitalisation from their government. The whole process is precarious: the author sees it as a kind of Ponzi scheme.
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