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Thread: US should allow China to enter its banking area!
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[quote=ERENCIUS,248224]Quote: "They are really smart." I dont think it is linked to being smart or not, it is just logic and continuity. They always obliged every single country to let its boundaries wide open to international competition, especially the "third world" countries, insuring them that they ll be the winning part doing so, but actually many countries lost everything because of this absolute opening. As they hold 90% of the UN and a good part of the WTO, this treatment shall not be applied to them. China survived well to it and took advantge of its low labor costs but more interesting is still to come I guess. But frankly, Chinese banks have to work on their transparency, and not only banks. We shall not open to any market to any company in any country whose management is untrustworthy. This is my opinion.[/quote]
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