Banks Make $35.8 billion

Posted by Bill Belew on October 7th, 2007 in Doing Business in China | No Comments

The post has been moved to; Banks Make $35.8 billion

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  1. Falen says

    07/10/2007

    I remember one of those “coming collapse of China” prognosis specifically cite non-performing loan and collapsing banks as one of the imminent danger that would destroy China. So guess from this we can assume one such doomsday scenerio has been averted?

    “And, why can’t they lend money at a lower interest rate?”

    Urgh I think China is actually RAISING rates to cool the economy.