The Soapbox

copenhoogan

Joined: 04/06/2016 Posts: 141
Likes: 35


Here's link on bank rankings. Top 4 in world are Chinese


5 of top 10. Credit Suisse and those other old reliable top feeders from Europe and America have slipped down the list.

With a government firmly committed to ensuring that their economy moves forward and wealth beginning to accumulate, big investments overseas (they have a huge foreign currency reserve,also;, aside from industrial, commercial and finance sectors growing to increase equity), it's foolish, IMO, to think China won't grind their way through bubbles, busts and burps that make us start to wring our hands in the West.

There's not going to be any bailout debates in China. If something goes wrong one day, their government will act the next day, if not overnight.

(In response to this post by copenhoogan)

Link: http://www.accuity.com/useful-links/bank-rankings/


Posted: 06/06/2016 at 12:36PM



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  Here's link on bank rankings. Top 4 in world are Chinese -- copenhoogan 06/06/2016 12:36PM

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