Bank of China (BACHF.PK) is among Asian lenders filling the gap left by retreating European...

|About: Bank of China, Ltd. (BACHF)|By:, SA News Editor

Bank of China (BACHF.PK) is among Asian lenders filling the gap left by retreating European banks, sharply increasing property loans in the U.S., especially in NYC. "China ... has capital that needs to be put to work," says an analyst, exactly the opposite of the issue facing many EU banks.