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Shadow Loans Lift Bank of Tangshan
Shadow Loans Lift Bank of Tangshan
19 Mar 2017, 09:39 AM IST
Aug. 23 -- The best-performing bank in China is in a struggling city in the northeast where weeds sprout alongside the concrete skeletons of high rises in an industrial zone that mostly looks like a ghost town. Yet the Bank of Tangshan’s financial statements hardly reflect these realities. Bloomberg's Stephen Engle has more on "Daybreak Asia."
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