China is in the midst of a property bubble fueled by a shadow banking system and local political corruption. The meeting of crises will, according to some of the biggest investors out there, result in a financial crisis at some time in the future. A new analysis from ANZ Research disputes that conclusion, arguing that large scale privatization, among other changes, will save the country.
![China Needs Mass Privatization To Avoid Crisis China Needs Mass Privatization To Avoid Crisis](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E)
The ANZ Research note, which was authored...
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