Comments on: Banks Make $35.8 billion http://www.panasianbiz.com/doing-business-in-china/banks-make-358-billion/ India, China, Japan, Bollywood, Sports, Live Cricket Streaming Fri, 06 Nov 2009 06:04:30 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Falen http://www.panasianbiz.com/doing-business-in-china/banks-make-358-billion/comment-page-1/#comment-4299 Falen Sun, 07 Oct 2007 23:58:20 +0000 http://www.panasianbiz.com/?p=3744#comment-4299 <p>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?</p> <p>"And, why can't they lend money at a lower interest rate?"</p> <p>Urgh I think China is actually RAISING rates to cool the economy. </p> 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.

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