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CHINA'S BANKS SINK ON SUBPRIME WOE


http://www.nypost.com/seven/01222008/business/chinas_bank...

New York Post - January 22, 2008 -- China's banks are likely to take a bath on the junk mortgage bets they bought from Wall Street, causing their shares to plunge in a panic sell-off yesterday. Analysts downgraded China's banks, saying their junk mortgage writedowns ...



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January 22, 2008 12:30:00 AM
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