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China's Lenders Left in the Dark on 'Zombie' Companies

China's Lenders Left in the Dark on 'Zombie' Companies

Aug. 19 -- The most deadbeat of borrowers among Chinese state-owned companies have been compiled into a list by Jiangxi regional authorities. Chinese banks are not allowed to know the contents of this so-called "zombie list," out of fear they’ll lose confidence in lending to these companies. Bloomberg's Philip Lagerkranser has the details on "Bloomberg Surveillance."