Please write a summary. The article about reasons for the rising
Cost of Capital in China and found it both interesting and
appropriate.
"Poor policy lies behind China’s rising cost of capitalBy Paul J
Davies in Hong KongWealth management products are a slippery
stepping stone China Development Bank is the core policy bank in
China. It has more than Rmb6tn ($984bn) in assets, is wholly owned
by the state and is as good for its money as the government itself....