(comparedtotheWest)isatsignificant risk,sinceagoodpercentageoftheloans beinggrantedareoflowerquality— anecdotalevidencesuggeststhatloans arebeingusedforspeculativepurposes. Thebalancesheetsofbanksarelikelyto seesignificantredinkinthecomingyears, thoughthegovernmentwilllikelywrite awaythebadassets.However,since China...