Chinese banks must prepare for euro-zone split, analyst says

12/28/2011 | China Daily (Beijing)

Bank of China analyst Li Jianjun said Chinese banks should prepare for a euro-zone breakup. Their largest risk is in securitised euro-denominated debt, Li said. "That will be a big problem, because banks have to clear up not only euro debt but also related debt if the situation worsens," he said.

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China Daily (Beijing)

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