2014-06-22

Wu Xiaoling: Qingdao Port Scandal Fault of Banks Relying on Credit Guarantees

Wu Xiaoling said the port scandal is a result of banks not doing their due diligence.


吴晓灵透析青岛港骗贷事件 银行过度依赖担保所致
2014 Jin Ling Fortune Global Forum held in Qingdao, deputy director of the NPC Financial and Economic Committee Wu Xiaoling, to deliver speeches, the first time that the Qingdao Port crux of funding problems.

Wu Xiaoling analysis pointed out that in Qingdao Port, the bank no collateral for these warrants careful verification, blind credulity collateral.

Meanwhile, Wu Xiaoling that banks should return to the essence of operating credit of funds to invest in gold have technical analysis. Otherwise, in the case of an economic slowdown, to bring the fight also exponentially.

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