Its not the number of bond defaults in China that has made the end of 2020 special, but the size of the defaults and the fact that they involve SOEs.
pubdocs.worldbank.org/en/26442160862… https://t.co/oixJ0DiRRn
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…