Reuters: Money News: China eyes private funds to tackle bad-debt buildup, avoid bailout

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China eyes private funds to tackle bad-debt buildup, avoid bailout Sep 16th 2013, 04:42 SHANGHAI/BEIJING (Reuters) - Faced with a chorus of warnings that China risks choking on bad debts, Beijing is pushing banks to raise private capital in an effort to head off the need for a second government bailout in as many decades.

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