September 15, 2008
Beijing Bolsters China Banks
As the Panic of '08 unfolds, the Chinese central bank eased key monetary policies in a surprise move today.
# posted by Sinomania! : 9/15/2008 09:08:00 AM
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"It is the unity of a troop, not its numerical strength, that ensures victory over the enemy." -- Chinese Maxim
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Ben Calmes writes, produces, and hosts a weekly broadcast on China, Chinese stock markets, and business matters, at the sinomania.com website. He has traveled alone extensively throughout eleven provinces, municipalities, and special administrative regions in China. His views on China have been sought by Moody's Investors Service, the World Economic Forum, the New York Times, Xinhua Finance, and the Council on Foreign Relations. Ben worked in the White House in the administration of President George H.W. Bush and as a consultant to the Clinton/Gore Transition Team. He has held responsible positions at government sponsored enterprises at the federal, state, and city level as well as the US Department of the Treasury and private enterprises. Ben has a B.A. from the University of Virginia and a M.A. from USC.