Bloomberg Business Week looks at how China has become the lender of last resort for developing countries. This is a different kind of lending from China in that it's not financing big infrastructure projects like ports, but what we would call rescue lending. The amount of money here is really the crazy part and why you should care about this story.
Bloomberg News Equities Reporter Yiqin Shen discusses Alibaba's plans to split its $220 billion empire into six main units that will individually raise funds and explore initial public offerings. Dr. Iman Abuzeid, Co-Founder and CEO at Incredible Health, shares the details of the company's 4th annual State of Nursing Report. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Writer for Economics Shawn Donnan talk about Shawn's Businessweek Magazine story China Becomes Lender of Last Resort for Developing Countries. And we Drive to the Close Brian Allen, Director of Fixed-Income at CS McKee Asset Management.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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