Busted: Bankers and The Global Economy

January 30, 2008

Chinese Joint-Ventures Save Bankers

Filed under: banking, investment, money — Tags: , , , , — digitaleconomy @ 7:42 am

In the depth of its financial woes, CitiBank has established a joint venture with China to shore up ailing finances and previous losses. Several weeks ago, China backed off these joint ventures to evaluate its current position in the financial market. The referenced articles gives a brief rundown of China banking joint ventures. ~E.M.

Business Standard Article 1/30/2008

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