China | China must beware of letting a new breed of 'Gray Rhinos' loose
ChinaEconomyAnalysis

China must beware of letting a new breed of ‘Gray Rhinos’ loose

Beijing signals state-backed bank funding for major private corporations looking to make a global splash

November 19, 2018 6:04 PM (UTC+8)
Just like rhinos in the wild, the corporate 'creatures' can charge at any moment, causing financial havoc. Photo: iStock
Just like rhinos in the wild, the corporate 'creatures' can charge at any moment, causing financial havoc. Photo: iStock
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