Big Losses Are Hidden on China's Bank Balance Sheets [View article]
"And with $2 trillion in foreign currency reserves available to inject as new capital, China could easily foot the bill without even blinking (it wouldn’t even have to sell off its reserve holdings of U.S. Treasuries, just transfer a portion to the AMCs, and thence to the banks as repayment)."
Didn't you sort of dispel investor fears and answer your own concern about solvency right in the middle of your article?
Big Losses Are Hidden on China's Bank Balance Sheets [View article]
Didn't you sort of dispel investor fears and answer your own concern about solvency right in the middle of your article?