TITLE

Behind the Bailouts

AUTHOR(S)
Seno, Alexandra A.
PUB. DATE
January 2004
SOURCE
Newsweek (Pacific Edition);1/19/2004 (Pacific Edition), Vol. 143 Issue 3, p40
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Discusses how China is encouraging the foreign euphoria for mainland stocks by spending money. Timing of the bailouts to reassure foreign investors who are lining up to buy into China's murky financial industry; Fact that China is opening banks, brokerages and insurance companies for the first time; Chinese businesses that have since gone public; Why the financial industry remains one for the most rotten sectors of the Chinese economy; Risks to foreign investors.
ACCESSION #
12086559

 

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