“China’s financial regulator has vowed to rescue the Chinese banking system immediately to avert a banking crisis when the bubble bursts, issuing a blanket guarantee that no major institution will be allowed to fail. Beijing says it has studied the errors that led to the Lehman crisis in the 2008 and will not allow a chain reaction to occur, even if this means paying a price in terms of lost economic growth and dynamism.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
(Visited 22 times, 1 visits today)
Related posts:
South Korean court orders Japanese steel company to pay for forced labor in WWII
Oklahoma lawmaker wants death row organ donations
Green Party MP Caroline Lucas arrested at UK fracking protest
Portland Diverts Entire Water Reservoir After Teen's Urination
West Point sergeant accused of filming naked female cadets without their consent
Americans’ personal data shared with CIA, IRS, others in security probe
U.S., UK government websites infected with crypto-mining malware
Ecuador announces plans to launch first two satellites into space
Rand Paul stirs business ire over blocking of U.S. tax treaties
Electronic Updatable License Plates Could Flash "STOLEN" Or "UNINSURED"
Holder to propose curtailing mandatory minimum drug sentences
McCain, Graham express optimism on Obama Syria plan
Johnny Depp facing 10 years in prison for taking his dogs to Australia
California death penalty ruled unconstitutional
CDC director explains what he hates about electronic cigarettes