Comment & Analysis
Is China’s wealth management boom setting up a subprime crisis?
Wealth management products are surging in China, risking a “subprime” crisis in that country, warns one economist. While China has so far avoided the type of financial crisis that crippled much of the Western world in 2008, there are signs that growing securitisation in the country might be setting it…
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Click here to read the full story: National Post