Business
RBA worried about Beijing ‘misstep’ in property market – The Australian Financial Review
The possibility of a misstep by Beijing in dealing with the woes of highly indebted Chinese property developers has the RBA on…
At the same time, bailouts risk entrenching perceptions of implicit guarantees, the RBA said. Lowering vulnerabilities means regulators will have to make more decisions on whether to let firms fail.
The widespread nature of vulnerabilities means authorities…
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