Index > Briefing
Back
Tuesday, April 22, 2014
Banks Should Take Into Account of "Symbiotic Market System" During Loan Withdrawals
ANBOUND

Commercial banks are withdrawing loan from overcapacity enterprises and lead to counterattack from local governments. ANBOUND research team had previously warned that governments, banks and enterprises are actually symbiotic market system. It should be identified before the local economy collapse. Banks should keep in mind that they belong to the symbiotic market system and they will cause fundamental damage to the Chinese economy if they place themselves above local economy and enterprises by ignoring local market ecology and conducting separate operations.

Copyright © 2012-2024 ANBOUND