Economic MADness

Ferguson, Tim
November 2006
Forbes Asia;11/13/2006, Vol. 2 Issue 19, p7
The author reflects on the implications of the Chinese economic growth for international finance and commercial banking. China is experiencing an explosion of wealth as evidenced by the roll out of state enterprises on the equity markets, culminating in the $22 billion offering of Industrial & Commercial Bank of China On an even grander scale is China's amassing of a trillion dollars in foreign-currency reserves.


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