World Bank and Kiel estimate that btw 2008 and 2021 China carried out 71 stealth debt restructurings. Mainly by extending maturity. More than all the Paris club of western bilateral creditors. Write downs would be far more efficient.
economist.com/china/2022/08/… https://t.co/EGA18F1vec
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,…