Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina not realizing central government debt is markets' most important financial product: ProfessorLi Daokui, Mansfield Freeman professor of economics at Tsinghua University and former advisor at the People's Bank of China, says central government debt is the "bottom of the pyramid of financial products — it is the least risky, it is the most liquid financial asset in any mature financial market."
Persons:
Li Daokui, Mansfield Freeman
Organizations:
China, Tsinghua University, People's Bank of
Locations:
People's Bank of China