“Data shows that Chinese banks are black holes, and outsiders do not know how many questionable accounts there are. China’s real estate and stock market bubbles will eventually burst. If the world is experiencing a bubble economy, then the Chinese economy is the biggest bubble of all. Once the bubble bursts, any economies related to China will be hurt, so Taiwan needs to be very cautious,” he said.
Thu, Oct 23, 2008 - Page 3 News List
INTERVIEW: Chinese dissident urges caution on cross-strait ties
WORDS OF WARNINGChen Pokong said the Chinese Communist Party does not do favors for anyone, warning that it is trying to reel in Taiwan economically and politically
By Tzou Jing-wen / STAFF REPORTER
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