International Herald Tribune, 24 Nov 2008, Alan Wheatley Reuters
BEIJING: The unfolding global recession ought to resolve one of the great known unknowns about China: How will its supposedly strong banks fare when the going gets tough?
Skeptics have long identified the financial system as a weak link. Despite a bailout that started a decade ago costing perhaps $500 billion, Chinese banks were exposed by a downturn as unreconstructed state-run behemoths stuffed with questionable loans.
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