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For a banker, no panic in China

Started by Joelle, November 06, 2008, 05:00:02 AM

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Joelle

For a banker, no panic in China
      


"Well insulated" China, though suffering from sharp drops in its own equities markets, doesn't have the sense of crisis that exists in the U.S., says Philip Partnow, managing director of UBS Securities Ltd in Beijing. UBS, the first Western bank to assume management control of a domestic mainland brokerage, points out the fact that what's [...]
         

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