Tag: non performing loan
China’s looming financial crisis
Published on October 10, 2008
Chinese shares have been falling lately, but that’s only because everybody’s so scared. There’s nothing wrong with China’s financial system, right? Wrong. There’s something rotten at the heart of China’s banks, and the entire mainland economy is about to come crashing down.
by J. Christoph Amberger
Baltimore — (TFN): As Iceland’s banking industry is melting [...]