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Platforms (China Takes It Up a Notch)
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Platforms (China Takes It Up a Notch)

Jul 19, 2017
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We've previously championed the conspicuous rise of platforms (see book recommendation below) but didn't anticipate that you could purchase the distressed debt of Chinese steelmakers onTaobao, China's largest e-comm platform. Apparently there are now 50 websites marketing bad loans/debt in China. Choice quote: "...potential buyers...may not be as dilige…

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