China readies massive bank bailout fund as slowdown looms
by Boo_Randy More extend-and-pretend in China. https://asia.nikkei.com/Business/Finance/China-readies-massive-bank-bailout-fund-as-slowdown-looms Lifeline for big institutions aims to mitigate systemic risk in times of turmoil BEIJING — China is expanding its safety net for the financial sector with a new rescue fund that could run …