China should let in distressed investors, says academic

The best way for China's banks to deal with a growing number of non-performing loans is to allow assets to be securitised and sold at distressed levels, argues political scientist Victor Shih.


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How will you alter your portfolio after the US election result?





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Underweight US
  16%
 
Overweight US
  44%
 
Underweight EMs
  7%
 
Raise cash levels
  19%
 
No change
  14%
TOTAL VOTES: 149
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