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View Full Version : China Needs to End Big Banks' 'Monopoly,' Wen Says - Bloomberg



NewsWhore
04-03-2012, 10:20 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGewgAgepoTAqeAqej958hzDsFj0g&url=http://www.bloomberg.com/news/2012-04-03/china-needs-to-end-big-banks-monopoly-wen-says.html)


China Needs to End Big Banks' 'Monopoly,' Wen Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGewgAgepoTAqeAqej958hzDsFj0g&url=http://www.bloomberg.com/news/2012-04-03/china-needs-to-end-big-banks-monopoly-wen-says.html)
Bloomberg
Offshore investors will also be allowed to pump an extra 50 billion yuan ($7.95 billion) of local currency into the country, up from 20 billion yuan. Loan Defaults Earnings at China's biggest banks are growing even as a cooling economy triggers loan ...

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