China Bad-Loan Issue Not as Bad as Bass Makes Out, CICC SaysBloomberg News
Most that banks could lose is about $1.5 trillion: CICC
Hayman Capital's Bass had earlier flagged $3.5 trillion loss
China’s bad-loan problems are “not as serious as” Hayman Capital Management’s Kyle Bass claimed earlier this month, according to China International Capital Corp., the investment bank Morgan Stanley helped create in 1995.
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