Everyone already knew that chinese banks’ operations were shady…
“The risk of a hard landing for the Chinese economy is increasing,” said Alexander Lee, a Hong Kong-based analyst at DBS Vickers. “The Japanese earthquake, a slow U.S. economy, the Eurozone problems and a slowing Chinese economy are all building up on the banking sector.”
Credit Suisse: “There are signs of an economic slowdown in China, and we believe that this may not be just a transient problem as the situation is much more complex with structural problems,” Credit Suisse analysts Vincent Chan and Peggy Chan wrote in a note on Monday.
Watch out Brazil! 
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