China Manufacturing Data Disappoints
China’s economy is showing mounting signs of deterioration from manufacturers to banks, raising the risk that outgoing Premier Wen Jiabao will miss his growth target for the first time since taking office in 2003.
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There May Be a Sweet Spot for China Distressed Debt
37:54 - The specter of more soured assets piling up in China is turning into a sweet spot for distressed debt investors seeking fat returns. Bloomberg's Lianting Tu reports on "Bloomberg Markets." (Source: Bloomberg)