A circular weaving machine at a textile factory in Shangqiu in China's central Henan province on September 8, 2018. Photo: STR/AFP A circular weaving machine at a textile factory in Shangqiu in China's central Henan province on September 8, 2018. Photo: STR/AFP
A circular weaving machine at a textile factory in Shangqiu in China's central Henan province on September 8, 2018. Photo: STR/AFP
Economy /  China Economy

China’s financial bailout promotes the survival of the fittest, leaving weak borrowers to fend for themselves

  • China’s financial bailout for smaller private-sector firms is intended only for those with sound fundamentals

Topic |   People’s Bank of China
Karen Yeung
Karen Yeung

Updated: 11:26pm, 7 Nov, 2018

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A circular weaving machine at a textile factory in Shangqiu in China's central Henan province on September 8, 2018. Photo: STR/AFP A circular weaving machine at a textile factory in Shangqiu in China's central Henan province on September 8, 2018. Photo: STR/AFP
A circular weaving machine at a textile factory in Shangqiu in China's central Henan province on September 8, 2018. Photo: STR/AFP
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