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> he implies that the big four are holding significant amounts of Treasuries on their balance sheets

What? Where? The only mention of "big four" in his text is about big audit firms being silent about evidence of fraud perpetrated by big Chinese companies.



I think gp meant the big 4 state owned commerical banks: people's bank of china (pboc), construction, industrial + commerce, and agricultural

[1] http://en.wikipedia.org/wiki/Banking_in_the_Peoples_Republic...




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