Sunday, 23 June 2013

China Confronts Full - Blown Financial Crisis

http://www.youtube.com/watch?v=QjPwQRsPYus&list=UUff_R__peHk2MI93NpW1CdQ

Since June, the most serious "money shortage ever"
has shaken China's finance industry.
Banks have to borrow money from each other to
deal with a serious cash shortage.
Across China, local Chinese Communist Party authorities
are facing huge debts, but are failing to pay them off.
Financial experts, professionals, and economists
have commented that,
"China is now facing a full-blown financial crisis."

No comments:

Post a Comment