"Unraveling China's Property Crisis: The Impossible Trinity of Banks"

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Source: Financial Times
TL;DR Summary

China's property market is facing significant challenges, with rising debt levels and a potential bubble. This poses risks to the country's banks, which are caught in an "impossible trinity" of balancing economic growth, financial stability, and controlling debt. The situation highlights the need for China to address its property mess and implement measures to mitigate the risks to its banking sector.

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