China stocks crater as banks warned over credit

Full story: CNN
The People's Bank of China told the country's largest banks Monday to rein in risky loans and improve their balance sheets, a warning that sent a jolt through already unsettled equity markets. Full Story
good luck

Toronto, Canada

#1 Jun 24, 2013

Port Moody, Canada

#2 Jun 24, 2013

Check out that graph!

It looks like a ski hill!

Down, down, down, faster and faster......

Port Moody, Canada

#4 Jun 24, 2013
No, the Chinese Communist Party dictatorship is of course doomed and will soon be gone, but the stable, legitimate democracies will continue just fine. China holds only about a sixth of US debt, the majority is held by other stable democracies and close allies.

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