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More and more debtors cannot repay their Silk Road loans. China is covering up the problems by discreetly granting bailout loans. This is revealed in a recent study by the Kiel Institute for the World Economy. But in this way, Beijing is merely postponing the financial problems.
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Jack Ma is back in China. His public appearance is apparently supposed to help instill new confidence amongst foreign investors and the private sector. But while the formerly rebellious Alibaba founder is being rehabilitated, other entrepreneurs are still missing.
By Marcel Grzanna
