PBOC Singling Out Industries Fuels Nomura Anxiety: China Credit

The singling out of three debt types most at risk by the People’s Bank of China has prompted Nomura Holdings Inc. to warn that rising borrowing costs will make it even harder to avoid a default by these issuers. The PBOC will enhance monitoring of local government financing vehicles, industries …

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PBOC Singling Out Industries Fuels Nomura Anxiety: China Credit

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