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Gordon Chang is a professional China skeptic with a rather unimpressive track record. As he's a blogger on Forbes, you can check out his article history for a v
by austinz 13y ago
Gordon Chang is a professional China skeptic with a rather unimpressive track record. As he's a blogger on Forbes, you can check out his article history for a variety of predictions he's made in the past that haven't panned out, or the book he talks about in his profile.
- jsm386 13y agoYes. via http://www.marketwatch.com/story/china-bank-transfer-halt-only-for-small-amounts-2014-01-26 http://www.marketwatch.com/story/china-bank-transfer-halt-on... "While banks in China have suspended some interbank transfers and other systems for several days, the move only covers some Internet transfers and those for small amounts, according to a statement on the People's Bank of China website. Meanwhile, state-run Beijing Times said customers can still conduct small-scale transfers via ATMs. On Sunday, Forbes contributor Gordon Chang, author of "The Coming Collapse of China," said that Citibank had halted bank transfers for three days, calling the move "ominous" for the Chinese banking system. However, the central bank had flagged the move earlier this month, saying the move was due to system maintenance and would occur once a month for the rest of the year."