ZHONG GUO - THE MIDDLE KINGDOM

ZHONG GUO - THE MIDDLE KINGDOM
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Jul 9, 2010

Economist Article on China's Banks

http://www.economist.com/node/16541609?story_id=16541609&fsrc=scn/tw/te/rss/pe

Great analysis of how Chinese banks recovered from being overwhelmed in the late 90s by SOE non-performing loans and now outrank and out perform the standard Western giants of banking. The question it poses is whether the centralized, heavy handed guidance from the CCP will have have to ease in order to keep these banks a success.