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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (15204)3/26/1998 6:27:00 PM
From: John Hunt  Read Replies (2) of 18056
 
China banking woes may dampen growth - US experts

biz.yahoo.com

<< Rooted in bad loans to money-losing state-owned enterprises (SOE), China's banking woes have become an urgent concern for investors as the Asian financial crisis exposes the high risks of shaky banks in emerging economies, they said.

China's recent economic stimulus package, while being steps in the right direction, would likely make Chinese banks sicker before turning healthy, they said. >>
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