The Mudcat Café TM
Thread #95467   Message #1858114
Posted By: Q (Frank Staplin)
13-Oct-06 - 03:49 PM
Thread Name: BS: Is the US doomed???...
Subject: RE: BS: Is the US doomed???...
China's largest bank just made a stock offering. The share price has gone up but still a good buy according to many analysts. The Hang Seng exchange has hit almost 18,000. (Hong Kong based, but more and more Shanghai controlled).
A major world bank, HSB (Hong Kong and Shanghai) operates world-wide, branches here in Alberta but I don't know about US operations.
(And simple-minded Lou Dobbs calls China 'communist').