U.S to sell its bad banks to China... ?

To illustrate the global shake-down, Industrial and Commercial Bank of China (Shanghai:601398.SS - News; HKSE:1398.HK - News) is now the world's biggest bank by market value, while Citigroup Inc (NYSE:C - News), once the world's No.1 bank, is worth the same as a second-tier commercial bank in China.

Two senior Chinese bankers said they had been invited this year by U.S. officials, investment bankers and financial advisers to look at several potential investments in U.S. banks, mostly in financial trouble.

Posted via web from hotpixel

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