Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: russwinter who wrote (26356)	3/26/2005 11:22:23 AM
From: RealMuLan	Read Replies (2) of 116555

Who is Roubini? and how much does he know about China's financial system? And why should I trust him more than the Chinese official figure? Oops, I forgot he is just one of so many know-better-than-Chinese Western economists! BTW, CCB scandal is related to bribe from a company of Fidelity. Yes, NPLs is high in China. But as many Chinese economists pointed out, China has very little national debt. NPLs in China should be looked at together with its national debt due to China's special situation. And when adding them up, China is in better shape than US or Japan!

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