China's Bad Debt: Is There Really a Crisis?
Robert Engle, nobel laureate and professor of finance at NYU Stern School of Business, discusses the power of central bank policy, tackling China's bad debt issues and the possibility of a banking crisis in China. He speaks to Bloomberg's Haidi Lun on "Daybreak Asia." (Source: Bloomberg)
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Non-Performing Loans Are China's New Gold Rush
16:50 - Bad loans are rapidly becoming the latest hot commodity in China as more domestic and foreign investors rush into the market and bid up prices. Bloomberg's Lianting Tu reports on "Bloomberg Markets: Asia." (Source: Bloomberg)