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China said to consider plan to help Huarong via PBOC funding

China said to consider plan to help Huarong via PBOC funding

China to help Huarong clean up its balance sheet
As mentioned last week, China will never allow for a state-owned firm such as Huarong’s stature to collapse and this is further evidence of that. It is said that the PBOC would assume more than $15 billion of assets from Huarong to help the firm clean

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Date: April 21, 2021, 18:25