Re:China's Subprime Crisis Is Here
by foxhedgehog on Wednesday February 17, 2016 @06:23AM
(#11117058)
Yes but they would have to sell it on a secondary market. Those only exist in New York and in London, and what our research found was that the liquidity in those markets was enough to handle a selloff. The short version is that the Chinese are limited by the markets that they are able to sell these instruments, and not vice-versa.
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