Why China Has Chickened Out of Another Bank Seizure – Nicholas Statman

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Why China Has Chickened Out of Another Bank Seizure

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2019
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29
Why China Has Chickened Out of Another Bank Seizure

Nicholas Charles Statman
Nicholas Statman
Nick Statman

July 29, 2019
by Admin

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When a lender suffers from a run on deposits or a funding crisis, one solution is a central-bank takeover. The People’s Bank of China, however, is finding that …
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