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Standoff

Bloomberg Opinion

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Is China in Danger of a Financial Crisis?

China has escaped from Delta and Delta was the bad one. So I think it should be okay. Some people on the marketplace see as a tentative sign that China is preparing to reopen. The Chinese government at the local level has been two trillion yuan on COVID zero control. That's just money wasted, they rely on land sales and that's not going very well either.

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