PrintSeptember 17, 2005
China and America's banks
China's financial and banking system is rudimentary for a nation of its size. With that underdevelopment comes opportunity for sophisticated foreign banks. Our largest banks are investing billions of dollars in China, in addition to the loans they extend. But with big exposure comes big risk. Our contributor Frederick Stakelbeck, Jr. has a timely article on FrontpageMagazine on the subject, which is well worth pondering.
