China’s ratings agencies are under intense pressure not to downgrade SOE bond issuers despite obvious troubles. But markets draw their own conclusions in recent weeks! Yields have popped.
ft.com/content/7cebe0… https://t.co/iQaK05M5mw
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…