China's state banks An outbreak of honesty

摘要

Liu mingkang, who heads the Bank of China, one of the country's four state-owned giants, is the polished, international face of one of the world's worst banking systems. Speaking flawless English and dressed in a pin-striped suit, he joked to an audience of business leaders in Hong Kong recently that "China is like a castle besieged: those outside want to get in, and those inside want to get out."