I see, moved on to the next screaming headline. What happened to the predicted shadow banking crisis in China?
Yes, the actual data as opposed to the next sensationalist macrobusiness headline and spin;
BAML: 57 reported 'potential' trust product defaults, worth RMB30bn all in collective trust sector. pictured by type
To date, no investor has lost funds. Reported defaults by resolution status pictured. note AMC = "bad bank"
As I have said before Jantimot's interruption....."PBOC owns the bailout".
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