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To: Alex who wrote (20975)10/7/1998 12:49:00 PM
From: denekin  Read Replies (2) | Respond to of 116922
 
Alex, don't know if this has been posted yesterday or today, but Financial Times of London reports that China's CB closed Guandang International Trust and Investment (GITIC), one of China's largest financial firms. Lots of speculation in China about solvency of other banks. So the sky is falling over in China as well.
www.ft.com/hippocampus/