China's era of freeriding the US ABS model ended in 2017. Either the domestic China ABS market will solve some of the legacy problems leftover from the US ABS model, or it runs the risk of being sidelined. Unlike the US, China has the mandate to lead a breakthrough--but does it have the will?
from Forbes Real Time https://www.forbes.com/sites/annrutledge/2018/01/15/what-lies-ahead-for-chinas-abs-market-in-2018/
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