Why China May Be Facing US-Style Credit Crunch

China, already struggling with a slowing economy, may now be facing the type of credit crunch that helped derail the U.S. economy four years ago. Among the all-too-familiar ingredients: supposedly risk-free—yet high-yield—investments, off-balance-sheet transactions, little if any disclosure and i…

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Why China May Be Facing US-Style Credit Crunch

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