Future Chinese Stock Market Problems are being Created Now by its Banking Industry

16 May, 2007 - Here’s a story I’ve been meaning to write about but just haven’t had the time. The People’s Bank of China last month increased their Reserve Ratio Requirement (RRR) 50 basis points to 11% in an attempt to reduce inflationary measures. Although I don’t know if China actually enforces this RRR (in the U.S. the RRR is 10% but in reality, leg…