• Deaf Leaders Foundation

'Too big to fail' may not apply to China's borrowers anymore: Goldman Sachs


A Goldman Sachs Group report said that the size of defaults in China in recent times indicates that the notion of "too big to fail" may no longer apply to China's borrowers. Analysts noticed an increase in defaults by Chinese state-owned enterprises since late 2019. "Full bailouts by policymakers are now less likely than compared with the past," they added.

1 view0 comments