Cash Isn’t King When It’s Missing. In China, It May Be
Chinese one-hundred yuan banknotes are arranged for a photograph in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)

Cash Isn’t King When It’s Missing. In China, It May Be

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(Bloomberg Opinion) -- Chinese debt is a potential billion-dollar market for international credit-rating companies. It’s also one riven with pitfalls.
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