http://moneymorning.com/2009/06/17/chinas-economic-recovery/ Global Investment News Fri, 25 May 2012 18:42:41 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://moneymorning.com/2009/06/17/chinas-economic-recovery/comment-page-1/#comment-6893 Searcher Wed, 17 Jun 2009 17:21:38 +0000 http://www.moneymorning.com/?p=7737#comment-6893 Some of the very same folks who just three years past warned against poor loan practices to prop up failing local government enterprises are now praising theses banks for capitalizing China's imminent ascension to first world status. These banks, while appropriate disbursement vehicles for Chinese reserves, are not, repeat not, appropriate investments for those expecting a return 'of', let alone 'on' their capital. Some of the very same folks who just three years past warned against poor loan practices to prop up failing local government enterprises are now praising theses banks for capitalizing China's imminent ascension to first world status. These banks, while appropriate disbursement vehicles for Chinese reserves, are not, repeat not, appropriate investments for those expecting a return 'of', let alone 'on' their capital.

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