To: Cronos
China's banking system is obviously healthy enough to buy hundreds of billions in US Treasury bonds a year, isn't it????
To: taiwansemi
China's banking system has huge NPAs -- it's just taking the money we give the Chinese for their garbage and sending it back to the US in a desperate attempt to keep the dollar low so Chinese garbage is still cheap. Chinese banks are little more than the voice of the Communist party - they lend to the Commie party's sona nd daughters who live a royal lifestyle while spouting communist rubbish.
7 posted on
02/22/2004 1:40:05 AM PST by
Cronos
(W2K4!)
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