Wang Tuosha

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Last quote by Wang Tuosha

The government is clamping down on the property sector and if property prices go down in the future it will definitely have a negative impact on the banks, this will lead to bad debts. Agricultural Bank, has less capital than the others and so will need more capital in the future.
Jul 15 2010
Wang Tuosha has most recently been quoted in an article called Chinese GDP growth eases. Wang Tuosha said, β€œThe government is clamping down on the property sector and if property prices go down in the future it will definitely have a negative impact on the banks, this will lead to bad debts. Agricultural Bank, has less capital than the others and so will need more capital in the future.”.
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