Extending China waivers for Korean corporations, because the US has done, solely undermines its personal industry policy. The slowdown in China’s asset-backed securities is elevating fears of a repeat of 2008, when the opaque merchandise triggered a domino impact. China’s potential bother could start in its beleaguered property sector.

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Local stock benchmark retreats from a five-week excessive as weak official stories on producer and shopper prices undermine bullish bets on China’s financial recovery outlook. The university’s newest report on the Policy Uncertainty Index said that slight economic development and softer inflation …