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China Admits Employment in “Grim Situation”

Submitted by Donna J Gamache on Fri, 2008-11-21 23:04. :: | | | |

This article was aggregated from St. Louis Chinese Corner
 

I think what was done in the poorly regulated US financial markets with the repackaged mortgage-backed securities should be a treasonable offense.
China Daily news story from November 20, 2008, paints sobering picture of the effects of the now-global economic crisis in the People’s Republic of China.
China admits employment in “grim situation” 
      

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