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China In Need Of Large-Scale, Lehman-Style Failure

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The failure of Chaori Solar Energy Science and Technology has been called China’s ‘Bear Stearns moment’. Diana Choyleva, of Lombard Street Research, tells John Authers it may need a larger Lehman-type failure if it is to deal with its overhang of debt.

China In Need Of Large-Scale, Lehman-Style Failure

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