"We're going to see some major recapitalization (of the banking system) coming at some point,"...

|By:, SA News Editor

"We're going to see some major recapitalization (of the banking system) coming at some point," says Fraser Howie, who predicts more financial shenanigans as China seeks to overlay a new wave of real estate-related credit on top of the existing one. Authorities hope to build 36M low-cost homes by 2015.