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

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

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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
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