| 12.10.2011 - China buffers financial institutions |
| The Chinese government is using its sovereign wealth fund to bolster the share prices of the big Chinese banks as they struggle with a weakening property sector and a build-up of bad debts. The official announcement didn't reveal the size of the investment, only that it was being done with the explicit aim of supporting key financial institutions and putting a floor under the share price..............................................Full Article: Source |