China Fuels Frenzy

Daily Mail › May 22, 2007

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Summary

CHINESE attempts to suppress the value of the yuan are fuelling the leveraged buyout 'frenzy', an OECD study showed.

It has ploughed Pounds 600bn of foreign currency reserves into bonds, keeping world borrowing costs low and sustaining the private equity boom. It would be wrong to blame private equity for taking advantage of the easy money, the OECD said.

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China Fuels Frenzy

But...

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