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Weil on Finance: China’s Moral Hazard – Bloomberg

finance - Google News Jan 29th, 2014 Finance.



Weil on Finance: China's Moral Hazard
Bloomberg
In resolving the current problems, the central government must deal with two evil forces that are poisoning China's financial system: moral hazard and adverse selection.” As you might have guessed, China's government has decided to do the opposite of ...

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