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Monday, December 19, 2011

China Bank Regulator Adviser: Banks Face Growing But Manageable Risks

Interesting...

 Interview: China Bank Regulator Adviser: Banks Face Growing But Manageable Risks  - WSJ

The other view is local governments have huge debts, and with land prices falling, which local governments depend for on revenue, its going to get ugly. The rebellion in Wukan is about land sales.

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