Red Capitalism
Answers some questions on whatever happened to the loans to the state backed companies and other underwater investments.
Book Review in the Wall Street Journal on Red Capitalism that compares it to what happened at Enron.
China's Fiscal Legerdemain Mountains of bad loans have been shifted within the banking system, putting off the day of reckoning. - Wall Street Journal
Book Review in the Wall Street Journal on Red Capitalism that compares it to what happened at Enron.
China's Fiscal Legerdemain Mountains of bad loans have been shifted within the banking system, putting off the day of reckoning. - Wall Street Journal
Labels: china's future
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