James Lewis

U.S. Banks Face Chinese Resistance over Derivative Losses

well least we all know why gold is breaking out.

i think the banks should let the chinese out of the contracts then shut them out of the derivative markets. then take oil, gold, and the other commodities up 50% by releasing the huge amount of liquidity they have on their books from QE.

It really is about time that the mainland Chinese start honouring contracts.

I am sure the Hong Kong, Taiwan and oversea Chinese Investment Bankers would agree with me on this.

China Expands Foreign Investment Limits, So Why Are Global Banks Slow to Act?

Why would they want to invest, when they need to sell large stakes in times of stress. The Chinese government blocks them from selling on the premise that they are allowed to because they have lost money on investments such as blackrock.

Crazy System...I think the banks know that it is far easier to trade in and out of singapore and hong kong listed companies now.