Friday, June 29, 2007
Banks in China Get a Caning
BUSINESS ARTICLE
Well, I didn't know that you could actually prevent the meltdown of your economy through speculation! Gordon Brown take note - a cautious lesson to adopt over here?
Posted by orwell @ 08:14 AM (506 views)
One thought on “Banks in China Get a Caning”
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sold 2 rent 1 says:
The simple fact is that China’s interest rate is too low.
The Chinese Government is doing everything it can to stop a bubble except the one thing it needs to do – raise interest rates much higher and faster.