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Transcripts For BBCNEWS Asia 20240702



of liquid products sold in wall street, and when the property market went down, those products very quickly had to be revalued. china, most of its debt is held in these shadow banks and in some of the bricks and mortar banks so the rate of decline can be slowed a little bit. howeverthe decline can be slowed a little bit. however the biggest issue is debt. overall the debt in the property sector is huge. as much as 30% of bank assets, and that will take a long time to unwind, and the centre of government is very reluctant to step in and probably can t have enough cash. step in and probably can t have enough cash- enough cash. under the circumstances - enough cash. under the circumstances what - enough cash. under the circumstances what one j enough cash. under the - circumstances what one needs to be done? ., ., , ., be done? the garment has to make decisions be done? the garment has to make decisions on be done? the garment has to make decisions on allocatingl make ....

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