“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:
Brain-damaging lead found in tap water in hundreds of homes tested across Chicago, results show
Japanese Women With Chainsaws Head to the Hills Under Abe's Plan
Joe Biden's Case That Waging War Without Congress Is an Impeachable Offense
Wheels coming off Obamacare
$1 Million Bail For Bitcoin Execs Charged With Money Laundering
Bitcoin Startups Get Their Own Silicon Valley Accelerator
India seizure of smuggled gold zooms 365% in Q1
Bank of Cyprus converts portion of uninsured savings to equity
Swiss court orders stolen East German millions returned
Ex-U.S. officials hail Japan's decision on collective self-defense
Guitarist completes first-ever paddleboard journey from Cuba to U.S.
Costco's Dividend Tax Epiphany
NSA shares raw intelligence including Americans' data with Israel
South Korean toddler gets first ever windpipe transplant
At least six tanks leaking at military nuclear waste dump in Washington state