Bloomberg (November 29)
2019/ 11/ 30 by jd in Global News
“From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the nation’s policy makers to the test.” It’s becoming “an increasingly difficult balancing act” as they struggle to “to support the world’s second-largest economy without encouraging moral hazard and reckless spending.”
Tags: Reckless spending
