China's Debt: A Long-Term Structural Issue?
China’s leading Communist Party mouthpiece acknowledged the risks of a build-up of debt that is worrying the world and said the nation needed to face up to its nonperforming loans. High leverage is the “original sin” that leads to risks in the foreign-exchange market, stocks, bonds, real estate and bank credit, the People’s Daily said in a full-page interview with an unnamed “authoritative person” starting on page one and filling the second page on Monday. UniCredit Head of Global FX Strategy Vasileios Gkionakis discusses with Bloomberg's Manus Cranny in Dubai and Anna Edwards in London on "Countdown."
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How Bannon's Ouster May Impact Trump's Agenda
30:37 - Stephen Bannon will leave his role as chief strategist to President Donald Trump, with today being his last day in the White House. Bloomberg's Sahil Kapur and Craig Gordon examine what’s next for the Trump Administration on "Bloomberg Markets: The Trump Economy." (Source: Bloomberg)