The Debts of the Lenders: Chinese Credit Card Delinquencies Soar

*Credit Lizzy36 and Andy Dufresne.

Just a reminder that all is not well over in China. Peek beneath the curtains to see what the state is orchestrating and one is reminded of the bubble brewing despite the fundamentals.


http://english.caijing.com.cn/2009-09-17/110252991.html

http://ftalphaville.ft.com/blog/2009/09/23/73556/chinas-looming-credit-crisis/