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Carl E. Walter, longtime bank executive and coauthor of “Red Capitalism,” joins the program to discuss important recent happenings in China.
2:55 Reading the tea-leaves
8:12 Baoshang Bank: A small fish causing big problems
14:12 Hong Kong and the mainland
19:56 More stimulus on the way?
24:38 Swapping loans for bonds
Subscribe to Grant’s Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music. Grant’s Interest Rate Observer is available at http://www.grantspub.com