How Chinese coal company Yongcheng’s il-fated expansion into coal-derived chemicals, led to default, threatened doom-loop with finances of Henan regional government and delivered a shock that has rocked entire Chinese SOE bond market.
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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,…