Looming $500 million default to test ...

Looming $500 million default to test China's banking system

There are 1 comment on the CNN story from Jan 24, 2014, titled Looming $500 million default to test China's banking system. In it, CNN reports that:

A high-yield investment product offered by China's largest bank is facing imminent default, an event that will cost investors millions and raise questions about the country's banking system.

Join the discussion below, or Read more at CNN.

idiots united

Mercer Island, WA

#1 Jan 24, 2014
High yield as in too good to be true? Needless to sat there is always an element of fraud attach to a business whether by design or by its own merit as a means to generate profits and I am not even bringing up stock market into the big picture.

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