CCP Cracks Down on Bond Market; Investors Drop China for India
1 month ago
972
News
Chinese economy
CCP
Chinese Communist Party
less transparent
Chinese banks
government bonds
market
less predictable
investors pulling out
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The Chinese economy is becoming even less transparent. In what’s being deemed a highly unusual move, some Chinese banks were just told to not settle recent purchases of government bonds. And as the market in China is becoming more opaque and less predictable, investors are now pulling their money out of China in record numbers. We’ll discuss in this episode of Crossroads.
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