China Debt Problem, What Problem?

Posted: October 12, 2011 in Uncategorized

12th Oct 2011

Contributed by:  Albert Cheung (Journalist from Hong Kong)

I would suggest that western investment analysts stop guessing the Chinese debt problem with very little understanding.  These analysts should go and take care of their own western countries’ huge debt issues and don’t try and instigate about China.

I learned that many western investment bankers are spreading such rumors as China’s Wen Zhou (one of the most economically virant regioans in China) is having huge commercial debt and the banking system in China might collapse.  Nonsense! 

I have extracted the latest news report about Wen Zhou banking sector situation as appended below.  China still going strong, sorry you guys have a long shot trying to short the markert. 

With re-capitalization of banking sector and domestic demands, what problem the western analysts are talking?

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