English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

I have multiple high dollar transactions in China and Korea over 15 Million each. I need a good chinese bank in the Asia Pacific Rim!

Any suggestions?

2007-01-30 11:39:15 · 1 answers · asked by Cabbage 2 in Business & Finance Investing

1 answers

Choose National Banks, China National Bank for example

Why? In most thirld world countries, banks and governments are really corrupt, so your money is in a high risk of "bankruptcy", really it isnt bankruptcy, they stole the money.

So national banks are very safe, they can print money anytime to cover the losses.

Its much better to get back undervalued currencies than to get back no money at all.

Even tough national banks have fewer agencies nationwide, their checks are widely accepted.

2007-01-30 13:06:20 · answer #1 · answered by Carlos G 3 · 0 0

fedest.com, questions and answers