China Doing Enormous Bailouts To Save Banks

China and its central bank, the PBOC, are either outright copying or doing very similar policy measures that…

by Jason Burack of Wall St For Main St 

China and its central bank, the PBOC, are either outright copying or doing very similar policy measures that the US government and the Federal Reserve Bank did in 2008 and 2008 to prevent Chinese SOE banks from failing.

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