The parent poster has a much better grasp on the big picture than the author of the Salon article. While he was bashing western banks, he failed to point out t

The parent poster has a much better grasp on the big picture than the author of the Salon article. While he was bashing western banks, he failed to point out that domestic Chinese banks have long been giving out loans to unprofitable companies as a way of creating employment, and that the central government regularly bails them out. China's economy is a really interesting and complicated subject, especially given the unreliability of local economic data. But Salon is just giving us useless linkbait by publishing an article with a few cut and pasted quotes and a catchy headline.