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TMFAleph1 (96.00)

More Chinese Accounting Tricks

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September 23, 2009 – Comments (0) | RELATED TICKERS: BAC , C , GE

We've had some questions about China's GDP accounting in the past. Here's an accounting sleight-of-hand the Chinese government is using to support the banking system:

China Rolls Over $36 Billion of Bail-Out Bonds, FT, 09/22/2009  [Login may be required]

Cheers,

Alex D

 

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