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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope

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To: hui zhou who wrote (2949)3/3/2008 1:02:43 PM
From: RealMuLan  Read Replies (1) of 12464
 
I heard on CNBC this morning, the US bankers are still trying to sell those US toxic waste, so-called AAA rated commercial papers/debt to Chinese bankers, but Chinese do not bite. Hopefully, those Chinese state banks finally realized those ratings are nothing but a joke, and how much risks those debt can be. they are much much worse than the non-performing debt within China!
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