A colorful figure in Thessaloniki, he tried to reconcile the city’s painful history with its …
Read More »Record Defaults Hit $800 Billion Chinese Local Debt Market
(Bloomberg) — Defaults in an opaque corner of China’s local debt market have surged to a record high, ensnaring investors who’d assumed the securities had an implicit guarantee from the state. Most Read from Bloomberg It wasn’t supposed to be this way. Last year, confronted with a wave of bad …
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