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