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Friday, November 10, 2017
China should be cautious in building "fund towns"
ANBOUND

Some officials in China are still considering imitating the United States to build "fund towns", not knowing that the fund towns in the United States are close to bankruptcy, and the fun tycoons are selling their own properties and moving their companies away. Anbound believes that the government must be cautious in creating the fund towns. As the financial industry has a much shorter industry cycle than manufacturing or other industries, there are considerable changes in the modern financial industry, so much so that things can be completely different within a short period of time.

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