Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (26048)	3/21/2005 12:36:35 AM
From: RealMuLan	Respond to of 116555

Mish, it is from Chinese media. And China has studied what happened in Japan, and does not want to end up like them<g> After WWII, every economic recovery in Japan has been ended up with a real estate bubble and then bursted. Japan, until now, has not really reformed its banking sector. China this time is determined to reform it banking sector although it remains to be seen how successful it will be. The same thing with the housing bubble. Already people are talking about the possible 40% down payment. And the last thing Chinese banks want is more bad debt on top of what they already have.