The late-nineties U.S. “tech” Bubble was financed, at the margin, by high-yield debt (telecom, in particular), speculative hedge fund levered finance, and GSE liquidity. Read more.
As the fallout of COVID-19 continues to weigh on the world’s second-largest economy, China’s banking sector has ratcheted up support measures to boost the economy, channeling funds to where they are needed the most. In times of increasing downward pressure, financial institutions, as a supporting force for growth, are expected to step in and energize .
China s banking sector ratchets up support to boost economy--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
© Provided by Xinhua BEIJING, May 30 (Xinhua) As the fallout of COVID-19 continues to weigh on the world second-largest economy, China banking secto