28.10.2008 - Property woes hit China's banks
From Chinadaily.com.cn: Chinese banks may not be taking the beating that their foreign counterparts have suffered due to the US credit crisis, but their share prices have recently been falling like a stone. Although Chinese lenders have nowhere near the same amount of risk exposure to toxic bonds, they are suffering as a result of the slump in the nation's property sector..... Full Article: Source
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