
“About $1 trillion worth of stocks listed in China’s two main markets, Shanghai or Shenzhen, are being pledged as collateral for loans. This trend has exploded in the past three years.”
Related posts:
Bitcoin Rollercoaster Hits China, Challenging Supervision
Former Lake County sheriff's officer seeks lighter sentence for weapons trafficking
Retired cop shoots man dead in movie theater over texting argument
Japan's debt-funding costs to hit $257 billion next year
ObamaCare Dropping Full-Timers at Schools, Local Governments
Gov't takes nearly half of California couple's $10M backyard gold find
American drivers still talk, text as much as ever despite laws against it
Swiss central bank opens Singapore branch [2013]
FBI is investigating former Utah trooper Lisa Steed
Netanyahu lost his Iran bet, but his next gamble may be disastrous
Study: High-volume Bitcoin exchanges more likely to suffer breach
EU backs Madrid in row over move to take back Catalonia
Texas lawman sentenced to 1 year prison for protecting drug smugglers
Tax increases scare wealthy French into abandoning Paris, lowering prices
Granny’s Gold Bars Are Key to Vietnam Push to Boost Dong [2013]