A 2016 article in the Wall Street Journal notes that banks in China have been experiencing problems
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A 2016 article in the Wall Street Journal notes that banks in China have been experiencing problems with business borrowers defaulting on loans and have had difficulty attracting enough deposits to fund new loans. Are these problems likely to matter for the future growth of the Chinese economy? Briefly explain.
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Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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