China's Banking Crisis...Solved!: A Bibliography
I hope folks read and enjoy today's Global View column. If you're interested in wading through some of the source materials, you can find the links below:
* This BIS Report on Chinese bank lending in 2009.
* China Daily's update on the resurgence in Chinese lending.
* China Mobile's circular detailing the rationale behind the SPDB acquisition and the bank's numbers (link opens a rather lengthy PDF).
* Michael Pettis tries to decide Who Will Pay for China's Bad Loans?
All recommended reading as you try to avert your long-term oriented eyes from today's market carnage.