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廈門空港:廈門空港關於獨立董事辭職的公告
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政經譚 | 防止資本無序擴張 重點提高上市公司質量
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Jack Maâs Bribe To Chinese Regulators Didnât Work
Theyâre not saying they wonât take some or all of Ant Group eventually, just not in exchange for not cancelling its IPO.
Author:
UNclimatechange from Bonn, Germany, CC BY 2.0 , via Wikimedia Commons
Theyâre not saying they wonât take some or all of Ant Group eventually, just not in exchange for not cancelling its IPO.
It’s not clear at what point during the week after his Oct. 24 speech lambasting China’s increasingly heavy-handed financial regulation that Jack Ma realized he had really stepped in it, putting his dream of the world’s largest IPO rather in some jeopardy. Certainly, by the time of his summons for a little sit-down with the People’s Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange, he must have suspected just how covered in excrement both of his feet, ankles and legs
China Has A $15 Trillion Problem With Economic Reality
China’s James Carville moment may have arrived.
The reference here is to comments dating back to 1993, when the Clinton administration found itself hemmed in by the bond market. Any hint that the White House might expand the budget deficit sent debt yields skyrocketing.
That prompted Carville, senior advisor to Bill Clinton, to remark: “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody.”
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